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Pakistan State Oil (Urdu: پاکستان ریاستی تیل) is a Pakistani petroleum corporation involved in marketing and distribution of petroleum products. [4] It has a network of 3,689 petroleum filling stations , out of which 3500 outlets serve the public retail sector and 189 outlets serve wholesale bulk customers.
Pakistan Petroleum. Pakistan Petroleum Limited (PPL) ( Urdu: پاکستان پیٹرولیم) is a Pakistani state-owned petroleum company headquartered in Karachi. It operates major oil and gas fields, including the Sui gas field, has non-operating interests in other fields, and has an interest in an exploration portfolio onshore and offshore.
It is located in Punjab Province, which area is located approximately 135 km southwest of the capital city of Islamabad. In 1964 the first well was drilled and commercial production started in 1967. There are about 60 million barrels of oil in place of which 12%-15% is recoverable. At its peak during 1986, the field was producing approximately ...
Attock Petroleum started its operations in 1998 and is third largest oil marketing company in Pakistan as of 2018. [4] [1]In 2005, Attock was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 57.75.
Pakistan Petroleum. Pakistan Petroleum Limited (Reporting name: PPL or PP) was incorporated on June 5, 1950, when it inherited the assets and liabilities of the Burmah Oil Company Ltd . The company is headquartered in Karachi. It operates major oil and gas fields, including the Sui gas field, has non-operating interests in other fields, and has ...
The gas field was discovered in the late 1952 and the commercial exploitation of the field began in 1955. Sui gas field accounts for 6% of Pakistan's gas production. [ 11] Remaining reserves are estimated to be at about 800 billion cubic feet (tcf) and the daily production is around 500 million cubic feet (14,000,000 m 3) of natural.
In October 2002, the Government of Pakistan sold its 34.76 percent stake in Pakistan Oilfields to general public for PKR 180 per share. [7] [8] In 2005, Paksitan Oilfields acquired a 25 percent share in National Refinery Limited, which is the only refining complex in the country producing fuel products as well as lube base oils. [6] [5]
Qadirpur gas field is one of the major gas reserves of Pakistan. The field is located at a distance of 8 kilometres (5.0 mi) from Ghotki in Sindh Province. Discovered in March 1990, it is a joint venture between Oil and Gas Development Company, KUFPEC Pakistan B.V., PKP Exploration Ltd (Premier Oil), PKP2 Exploration Ltd (KUFPEC) and Petroleum ...