KARACHI: According to a report published by The News on Thursday, Pakistan’s oil and gas production fell by 10% and 7%, respectively, in the first half of the current fiscal year due to low demand.
According to data made public a day earlier, the decrease in hydrocarbon production is the result of imposed curtailments at the TAL block and the Nashpa field, which are being driven by a decrease in the demand for gas.
Production in several important oil fields, including Rajian, Dhok Sultan, Makori East, Pasakhi, Maramzai, Mardenkhel, and Nashpa, declined from July to December of this fiscal year.
Nonetheless, within the same time frame, fields like Mamikhel South, Sono, and Bettani saw expansion.
Mari, Qadirpur, Sui, Sharf, Kandhkot, Nashpa, and Sutiari Deep are among the key fields that recorded decreasing gas production.