Kohat Discovery Marks Key Step Towards Pakistan's Energy Independence

(MENAFN- Tribal News Network) OGDCL has made a major discovery of oil and gas at the Baragzai X-1 well in the Nashpa Block, located in Kohat district of Khyber Pakhtunkhwa. This is being regarded as one of the most significant discoveries in Pakistan's history.

Federal Minister for Petroleum, Ali Pervaiz Malik, formally inaugurated production from the well. According to him, this achievement is highly important for Pakistan's energy security and will help save approximately $329 million in foreign exchange annually.

He added that new discoveries will increase the country's oil and gas reserves and reduce dependence on imported fuel.

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According to OGDCL, the Baragzai X-1 well is currently producing around 15,000 barrels of oil per day and 45 million cubic feet of gas daily. There are plans to increase production to 25,000 barrels of oil and 60 million cubic feet of gas per day in the future.

The statement further said that the project was completed in a challenging and remote area, using modern technology to ensure safe and efficient operations.

During the project, an 8-kilometer-long pipeline was also laid in a short time, which is considered a significant achievement.

OGDCL stated that Baragzai X-1 has now become the highest-producing well in Pakistan and is contributing approximately 10% to the country's total crude oil production.

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