Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

OGDC to start getting 1,095 barrels of crude oil a day from Tando Allahyar well at a cost Rs700m

byCustoms Today Report
26/03/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Oil and Gas Development Company announced that 1,095 barrels of crude oil per day will be obtained from a well it recently discovered in Tando Allahyar, Sindh province.

Talking to the media, OGDC Managing Director Mohammad Rafi said that it would start getting oil from the well after one month at a cost Rs700 million. He said the well also had shale gas.

You might also like

PIA can become profitable in first year of privatisation: Arif Habib

06/07/2026

Petrol, diesel prices cut by Rs1.97 per litre each

04/07/2026

He noted the firm had drawn gas from Sorgi well and supplied 17m cubic feet to Dakhni plant. “This gas will be included in the system after treatment,” he added.

A source said it was a significant discovery because it had taken place in Sindh. “Usually such big discoveries are made in Khyber Pakhtunkhwa and upper Punjab, but these are quite rare in Sindh.”

He said of about 80,000 barrels of per day indigenous oil production, the OGDC is producing 46,000 barrels daily. He added, “We have set a target of 50,000 barrels crude oil per day to achieve by June 30.”

Related Stories

PIA can become profitable in first year of privatisation: Arif Habib

byCT Report
06/07/2026

ISLAMABAD: Pakistan International Airlines can become profitable in the first year after privatization through better management, fleet expansion, and a...

Petrol, diesel prices cut by Rs1.97 per litre each

byCT Report
04/07/2026

ISLAMABAD: The Petroleum Division has issued a notification confirming the revision in fuel rates. The new price of petrol has...

Pakistani olive oil brand wins gold medal at London competition

byCT Report
03/07/2026

LONDON: A Pakistani premium olive oil brand has brought international recognition to the country after winning a gold medal at...

Bank of Punjab becomes first provincial bank to achieve Pakistan’s highest credit rating

byCT Report
02/07/2026

LAHORE: The Bank of Punjab (BOP) has been upgraded to a long-term entity rating of AAA from AA+ by The...

Next Post

India to purchase 8m barrels Iraqi oil to support stock market

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.