Two liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days, with the LNG vessels heading for Pakistan and China, and the tanker, loaded with Iraqi crude, is en route to China.
Pakistan on Wednesday issued a tender seeking to urgently buy two LNG cargoes for delivery later this month as the country struggles to cope with a gas and power crisis amid disrupted LNG supplies from the Middle East.
Pakistan has welcomed the first LNG cargo in almost two months as an LNG carrier docked at the GasPort terminal in what would be the first relief to the energy crisis in the country.
Pakistan is paying an all-time high premium of $34 per barrel on petroleum product imports amid the supply crunch caused by the war in the Middle East.
The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has reaffirmed Ghana’s commitment to strengthening bilateral relations with Pakistan following a diplomatic engagement with the country’s ambassador.
Turkiye is going to emerge as a key partner of Pakistani firms in the energy sector as the two countries are set to sign multibillion-dollar deals for offshore exploration and mineral projects this week. A high-level Turkish delegation, led by Minister of Energy and Natural Resources Alparslan Bayraktar, is arriving in Islamabad on Tuesday. Sources […]
The Shawal-1 well was spudded on Jan. 27, 2024, and drilled to a total depth of 1,136 m in the Ghazij Formation. Well testing yielded a flow rate of 1,040 bpd of 30° API crude with 12% BS&W and 2.5 MMscfd of associated gas, on a 32/64 in. choke with a wellhead pressure of 953 psi.
The two countries this week signed an agreement at the 2025 Pakistan Minerals Investment Forum in Islamabad to jointly bid on 40 offshore blocks. A bidding round for the granting of exploration licenses for the blocks, located in the Makran and Indus basins, was announced by the Pakistan government in February.
The line pack pressure this year rose several times following the abundance of LNG, jeopardising Pakistan’s national pipeline network following a huge drop in gas consumption across Pakistan.
Islamabad: A substantial deposit of petroleum and natural gas has been discovered in Pakistan’s territorial waters, a cache so large its exploitation could change the country’s destiny, according to a media report.