[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]On Tuesday, it was announced that the Lakki Marwat Oil and Gas Field project had been finished in a year.
Oil and Gas Development Company Limited (OGDCL), the largest state-owned hydrocarbon producer in the nation, has started producing oil and gas from the Wali (Bettani) Gas Field in the Khyber-Pakhtunkhwa province’s Lakki Marwat area.
Pakistan hailed the discovery of oil and gas resources as a historic development.
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The oil and gas field can add around 1.3 million cubic feet of gas to the national grid and produce 1,000 barrels of oil each day.
The Sui Northern Gas Pipeline Limited (SNGPL) transmission system will receive the gas supplies from this field.
Savings at maximum or full output are anticipated to surpass $176 million by the end of the fiscal year 2023–2024.
Within the next two months, work on drilling two more wells related to this project will start.
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