Summary Advisor to PM on Petroleum says that Ministry is working on addition of gas from various sources.
Dr Asim Hussain has said that the Ministry is working on addition of gas from various sources including new discoveries, abandoned fields, marginal gases and flared gases.
He stated this while chairing a meeting on abandoned marginal and flared gases. Secretary Petroleum, Managing Directors of OGDC and PPL, Additional Secretary (Petroleum), Director General (Petroleum Concessions) and representatives of Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) were also present.
Discussions were held on criteria, zonal distribution and pricing of gas from abandoned fields, marginal gases and flared gases.
Dr Asim Hussain directed that all out efforts be made to prepare policy and guidelines for these gases so that additional gas may be inserted into the system. An expected 200 MMCFD gas is estimated to be added from these sources.
In a separate meeting with Luiqi Ciarrocchi Vice President (Asia Pacific) ENI SPA, Dr. Asim Hussain said that the new Petroleum and Exploration Policy 2012 provides investor friendly opportunities for foreign oil and gas companies.
The advisor was informed that 3 Shale gas pilot projects are being planned and wells will be drilled within 2013. The three projects would require approximately 1100 wells, compared to 1850 drilled in the whole country till date entailing an investment of $ 10 billion.
