Pakistan oil, gas reforms tied to bid for energy self-sufficiency by 2000

Journal Article · Mon Dec 09 00:00:00 EST 1991 · Oil and Gas Journal; (United States)

OSTI ID:5497731

This paper reports on oil and gas exploration and development which is accelerating in Pakistan as it seeks to achieve energy self-sufficiency by 2000. In addition to backing out some domestic oil use with burgeoning natural gas supplies and cutting refined products imports by boosting refining capacity, Pakistan is targeting a sharp increase in oil production. Ultimately, industry officials in Pakistan would like to see it become a significant net exporter of oil, perhaps qualifying it for eventual membership in the Organization of Petroleum Exporting Countries. And foreign investment will play a key role in that effort as the government takes steps to sweeten incentives for foreign oil and gas companies. Consequently, drilling activity and the number of foreign operated concessions are at record levels in Pakistan. Meantime, state owned Oil and Gas Development Corp. has embarked on an ambitious program of exploration in underexplored basins while seeking foreign assistance in hiking oil recovery rates in existing fields.

• OSTI ID: 5497731
• Journal Information: Oil and Gas Journal; (United States), Vol. 89:49; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
NATURAL GAS
EXPLORATION
PRODUCTION
PAKISTAN
PETROLEUM
ENERGY CONSUMPTION
ENHANCED RECOVERY
EXPORTS
FINANCIAL INCENTIVES
INVESTMENT
LEGAL INCENTIVES
OIL FIELDS
OPEC
WELL DRILLING
ASIA
DEVELOPING COUNTRIES
DRILLING
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
INTERNATIONAL ORGANIZATIONS
MINERAL RESOURCES
OIL-EXPORTING COUNTRIES
PETROLEUM DEPOSITS
RECOVERY
RESOURCES
TRADE
020200* - Petroleum- Reserves
Geology
& Exploration
030200 - Natural Gas- Reserves
Geology
& Exploration
020300 - Petroleum- Drilling & Production
030300 - Natural Gas- Drilling
Production
& Processing