Oil and gas companies operating in Pakistan plan to invest $5 billion over the next three years to explore drilling sites in the South Asian country, Pakistan’s Prime Minister Shehbaz Sharif said this weekend. Representatives of the firms working in the Pakistani exploration and production E&P industry met with government officials and said the companies plan to drill about 240 sites in search of hydrocarbons in the country, which depends on imports to meet most of its energy demand.
“We want to import more oil from Russia,” he added. Last year, Pakistan started importing Russian crude oil, initially on a government-to-government basis in a trial run of imports with cargoes that arrived in June 2023. Pakistan has been desperate to import energy at low costs after it was outspent on the market in 2022 when oil and gas prices surged while its foreign exchange reserves dwindled.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Oil Industry Drops Ballot Challenge Against California Limit on DrillingA new law that limits drilling near homes and schools is set to take effect in California after the oil industry dropped a proposal to fight it.
La source: OilandEnergy - 🏆 34. / 68 Lire la suite »
Labour's North Sea oil and gas policy under attack from industry and activistsThe UK's biggest union and a financial supporter of Labour on Thursday staged a protest and published an open letter, urging a rethink on the oil and gas exploration ban, signed by nearly 200 local firms from Scottish towns dependent on the oil and gas industry.
La source: SkyNews - 🏆 35. / 67 Lire la suite »
Co-operation with oil industry ‘critical’ for uptake of sustainable jet fuelUnited Airlines executive highlights need for access to pipeline networks and other infrastructure to help decarbonisation
La source: ftenergy - 🏆 47. / 63 Lire la suite »
Co-operation with oil industry ‘critical’ for uptake of sustainable jet fuelUnited Airlines executive highlights need for access to pipeline networks and other infrastructure to help decarbonisation
La source: ftenergy - 🏆 47. / 63 Lire la suite »
Uncertainty for Aberdeen's oil and gas industry over the race to net zeroThe oil and gas industry was once a job for life but experts have warned the transition to renewable energy could lead to thousands of job losses.
La source: itvnews - 🏆 69. / 61 Lire la suite »
UK Oil Industry Needs Investment and Political Support to Halt Output DeclineOffshore Energies UK has said that, with the right political support and investment, the decline in UK oil production could be slowed significantly.
La source: OilandEnergy - 🏆 34. / 68 Lire la suite »