The Special Investment Facilitation Council (SIFC) is working towards stabilizing Pakistan’s economy by promoting sustainable development in the energy sector. SIFC aims to boost economic growth by focusing on utilizing local resources for energy production.
| SIFC’s Focus | Goal |
|---|---|
| Sustainable Growth | Promoting long-term energy solutions |
| Local Resources | Using domestic resources for energy |
Oil and Gas Production in Lakki Marwat
The Oil and Gas Development Company Limited (OGDCL) has started production in the Lakki Marwat District, located in Khyber Pakhtunkhwa. This move will contribute significantly to meeting the country’s energy needs, creating more local energy sources.
| Company | Location | Production Start |
|---|---|---|
| OGDCL | Lakki Marwat District | Recently Started |
| Production Focus | Oil and Gas Extraction | Local Resource Use |
Inclusion of Gas in Sui Northern Network
The inclusion of the newly discovered gas in the Sui Northern Gas Pipelines Limited (SNGPL) network will help stabilize the country’s national energy supply. This move will enhance the reliability and efficiency of Pakistan’s energy system.
| Gas Supply Network | Impact |
|---|---|
| Sui Northern Network | Stabilize national energy |
| Newly Discovered Gas | Improved supply reliability |
OGDCL Leading Role in Energy Exploration
OGDCL is a key player in energy exploration, drilling, and production. The company’s leadership in the sector helps Pakistan expand its energy capabilities, ensuring a stronger energy future for the country.
| Company | Contribution | Key Activities |
|---|---|---|
| OGDCL | Leading Exploration | Drilling, Production, Engineering |
| Focus | Energy Industry Growth | Expansion and Sustainability |
Newly Discovered Well Production
A newly discovered well in Lakki Marwat is expected to produce 8.5 million cubic feet of gas and 610 barrels of oil daily. This discovery will significantly contribute to Pakistan’s energy supply and enhance overall energy security.
| New Well Details | Expected Production |
|---|---|
| Location | Lakki Marwat District |
| Gas Production | 8.5 million cubic feet daily |
| Oil Production | 610 barrels daily |
SIFC’s Support for Sustainable Growth
With the support of SIFC, OGDCL is advancing towards sustainable growth in the energy sector. This collaboration helps to ensure the continued development and stability of the country’s energy resources.
| SIFC’s Role | Focus Areas |
|---|---|
| Supporting OGDCL | Energy Sector Development |
| Promoting Sustainability | Long-term energy solutions |
Summary
The efforts of the SIFC and OGDCL in stabilizing Pakistan’s energy sector are helping to reduce the country’s dependence on foreign energy. By utilizing local resources and focusing on sustainable growth, Pakistan is moving towards energy security and economic stability. The new oil and gas production in Lakki Marwat, along with the integration of gas into the Sui Northern network, marks a significant milestone in Pakistan’s energy journey.
