How many oil and gas companies are working in Pakistan?

Presently, 50 Companies – including 15 Local and 35 Foreign – are working in Pakistan to explore and produce oil & other natural resources.

What are the oil companies in Pakistan?

Pakistan Petroleum Limited (PPL) (Urdu: پاکستان پیٹرولیم لمیٹڈ) is a Pakistani state-owned petroleum company….Pakistan Petroleum.

Type State sector Public limited company
Traded as PSX: PPL Pakistan Stock Exchange
Industry Energy
Genre Oil and gas
Founded 5 June 1950

Which oil company is best in Pakistan?

1.Mari Petroleum Company Limited Being one of the largest petroleum exploration and production companies in Pakistan, we visualize the earth as something beautiful and mysterious, for it has so many secrets to reveal.

How many oil marketing companies are in Pakistan?

28 Oil marketing companies
➢ There are total of ~28 Oil marketing companies operating currently in Pakistan. 59 companies have been granted licenses.

Where is petroleum industry in Pakistan?

Punjab Province
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.

Where is Attock oil Refinery situated?

Rawalpindi, Punjab, Pakistan
The Attock Refinery Limited (اٹک ریفائنری لمیٹڈ) is a Pakistani petroleum company which is a subsidiary of UK-domiciled Attock Oil Company. It is active in crude oil refining in the country. The company is based in Rawalpindi, Punjab, Pakistan.

Is Pakistan rich in oil?

Pakistan holds 353,500,000 barrels of proven oil reserves as of 2016, ranking 52nd in the world and accounting for about 0.0% of the world’s total oil reserves of 1,650,585,140,000 barrels. Pakistan has proven reserves equivalent to 1.7 times its annual consumption.

Where do Pakistan buy oil from?

In 2019, the top partner countries from which Pakistan Imports Fuels include United Arab Emirates, Qatar, Saudi Arabia, South Africa and Kuwait.

What is E&P industry?

Introduction. Oil and gas industry is categorized into three major segments namely Upstream, Mid-Stream and Downstream. Upstream sector, also known as Exploration and Production (E&P) sector, is associated with exploring and producing hydrocarbons (crude oil and natural gas).

What are oil marketing companies?

oil marketing company means a company that operates (company owned, company operated) three or more petroleum retail service stations; procures and sells petroleum products to bulk consumers and the general public through petroleum product retail stations and reselling outlets.

How many OMCS are there in Pakistan?

Number of Operational OMC in Pakistan As per data provided by OGRA for the month of November 2020, the total number of OMCs that are allowed to establish their outlets within Pakistan is 34.