Significant Progress Seen in Energy Sector with SIFC Support

Lahore: There is significant progress in the energy sector due to the support of Special Investment Facilitation Council. Oil and Gas Development Company Limited (OGDCL) has commenced oil and gas production in the Lakki Marwat district of Khyber Pakhtunkhwa.

According to Radio Pakistan, the inclusion of gas in the SNGPL network will help stabilize the national energy supply. It is expected that the newly discovered well will produce 8.5 million cubic feet of gas and 610 barrels of oil per day.

Check Also

Finance Minister Pledges to Honour All External Financial Obligations

Washington d.c.: Finance Minister Muhammad Aurangzeb has expressed Pakistan's continued commitment to its reform program. During a meeting with Deputy Under Secretary for International Affairs at the U.S. Department of the Treasury, Jonathan Greenstei...