Pakistan Oil and Gas - Report Q4 2014

Business Monitor International
September 3, 2014
142 Pages - SKU: BMI5321330
Countries covered: Pakistan

Pakistan Oil and Gas - Report Q4 2014

BMI View: We believe Pakistan's oil and gas reserves will continue dwindling over the forecast period dueto excessive utilisation and lack of significant discoveries. However, several recent exploration successesand government's efforts to incentivise exploration and production pose an upside potential to ourprojections and could mitigate the negative trend, especially towards the second half of our forecast period.

Most important developments:

In June 2014, Ghauri Joint Venture (GJV) made an oil discovery in the Ghauri X-1 well in the Punjabprovince of Pakistan. The initial evaluation for this part of the Ghauri block indicates significantpotential, with the well's recorded flow rate ranking amongst the country's top oil-producing wells.



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