Pakistan Petroleum has started the extraction of gas from the Kotri field in the Jamshoro district of Pakistan’s Sindh province.
The announcement of the commencement was made on the Pakistan Stock Exchange in a letter.
According to the letter, daily gas production from Kotri North Block One is 5.3 million cubic feet. The gas is extracted at a pressure of 950 pounds per cubic meter. square inch.
The letter further revealed that the gas production in Kotri is a joint venture between Pakistan Petroleum, United Energy Pakistan Limited and Asia Resources Oil Limited.
In addition, the gas produced from the Kotri Takeri-1 well is being integrated into the Sui Southern system through the Aliabad process plant.
Earlier, Pakistan Petroleum Limited (PPL) announced the discovery of new oil and gas reserves in Shah Bandar block in Sujawal district of Sindh.
The company revealed the details of the discovery in a formal announcement to the Pakistan Stock Exchange (PSX).
According to the statement, the Jhamp East X-1 well in the Shah Bandar block yielded daily production of 10 million standard cubic feet of natural gas (MMSCFD) and over 150 barrels of light oil.
The natural reserves from the well had a pressure of 2,800 pounds per square inch (PSI), and the extracted gas was processed at the Sujawal gas processing plant and integrated into the Sui Southern Gas Company’s system, increasing the supply of natural gas in the region.
The Shah Bandar block had a consortium of stakeholders, with PPL holding a 63% stake, Mari Petroleum holding 32%, while Sindh Energy Holding and Government Holdings (Private) Limited each held a 2.5% stake.
Earlier, Prime Minister Shehbaz Sharif directed the authorities to ensure continuous and reliable gas supply to private consumers throughout the winter season.
While addressing concerns over reduced gas availability to households, the Prime Minister called for immediate reforms to the supply system to permanently address these issues and reiterated that the provision of gas to households was a top priority for the government.