Pakistan’s petroleum imports under Saudi oil facility reach $400m in July-October – Wajobz

Pakistan’s petroleum imports under Saudi oil facility reach 0m in July-October – Wajobz

  Pakistan has imported petroleum products amounting to $400 million on a deferred payment basis under the Saudi oil facility during the period from July to October in the current fiscal year 2023-24. This figure falls short of the budgeted estimates, which anticipated imports totaling $600 million. Official documents disclose that in October 2023 alone, … Read more

Mari Petroleum initiates gas production from Ghazij-2 well in Sindh – Wajobz

Mari Petroleum initiates gas production from Ghazij-2 well in Sindh – Wajobz

Mari Petroleum Company Limited (PSX: MPCL) has initiated Extended Well Testing (EWT) for gas production at the Ghazij-2 appraisal well in Daharki, Sindh, as disclosed in the company’s filing on the Pakistan Stock Exchange (PSX) today. The current gas production from the well stands at approximately 8 Million Standard Cubic Feet per Day (MMSCFD), with … Read more