Major progress for oil and gas exploration in the country An agreement was reached between the local companies and the Ministry of Petroleum

Islamabad (Daily Pakistan Online) There has been great progress in oil and gas exploration in the country, agreements have been reached between local companies and the Ministry of Petroleum.

According to private TV channel Express News, oil and gas contracts have been signed in Punjab and Balochistan in the next 3 years, 5 blocks of oil and gas will be explored in both provinces, 9901 square meters for oil and gas exploration in both provinces. Kilometer area allocated.

Agreements signed between Ministry of Petroleum, OGDCL, PPL, POL, NCPL, companies will explore for oil and gas through joint venture, companies will initially invest 65 million dollars in 3 years. 30 thousand dollars per block will be spent on welfare.

More :

National – Business – Regional – Islamabad –