Abb Takk News
BusinessMOST POPULARNews TickerPakistanTop NewsTRENDING

OGDCL announces increase in local production of oil and gas in district Karak

Islamabad: The Oil and Gas Development Company Limited (OGDCL) has come up with a good news regarding production of oil and gas as it announced increase in oil and gas in local production.

According to the OGDCL, gas and raw oil reserves hiked in Nishpa well number 4 in district Karak.

An additional 330 barrel oil per day has been gotten from the Nishpa well.

It further added that an additional 7.7 million cubic fit daily gas has been gotten the nishpa well number 4.

The additional production of gas has been included in the Sui Northern Network.

Moreover, the additional production will give a substantial decrease in the country import bill by 59.85 million dollar which will benefit the government exchequer.