MOL Produced Rs 380 Bln Gas, Oil, LPG In 11 Years

ISLAMABAD, (UrduPoint / Pakistan Point News - 30th Sep, 2016 ) : The MOL Pakistan, an oil and gas exploration company, has produced around mmscf natural gas, 30,305,796 stb crude oil, 223,340 mt LPG from its different operational fields of Khyber Pakhtunkhwa (KP) amounting to around Rs 380 billion during the last 11 years.

The company produced 511,087 mmscf (millions of standard cubic feet) gas, 22,337,261 stb (a barrel volume of a fluid at standard (stock tank) conditions) crude/condensate and 161,430 mt (metric ton) Liquefied Petroleum Gas (LPG) from the Karak district of KP from year 2005 to 2015, official sources told APP.

From the Kohat district, it tapped 110,681 mmscf gas, 4,298,705 crude oil and 34,416 mt LPG, whereas the Hangu district's production stood at 113,280 mmscf gas, 3,669,830 crude oil and 27,494 mt LPG during the same period.

Answering a question, they informed that the company sold around Rs 187.6 billion natural gas, Rs 179.6 crude oil and Rs 12.8 LPG from districts Karak, Kohat and Hangu.