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OGDCL Unveils New Hydrocarbon Deposit in Sanghar District

Sanghar: The Oil and Gas Development Company Limited (OGDCL) has announced the discovery of a new hydrocarbon deposit at the Baloch-2 well located in the Sanghar district of Sindh. This significant find is expected to contribute to the region’s economic development and prosperity.

According to Ministry of Information and Broadcasting, the spokesman of OGDCL expressed optimism about the discovery, stating that it will pave the way for new avenues of prosperity and development within the area. The discovery at the Baloch-2 well marks a promising development in Pakistan’s energy sector, potentially boosting local economies and enhancing the nation’s energy resources.

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IFC to Boost Equity Investments in Pakistan

Islamabad: The International Finance Corporation (IFC) has announced plans to amplify its equity investments in Pakistan, focusing on large-scale infrastructure projects. This initiative, as outlined by IFC's Managing Director Makhtar Diop, aims to ch...

The post IFC to Boost Equity Investments in Pakistan appeared first on pakistannewsgazette.com.