Pakistan – Oil & Gas 360

Pakistan to build offshore artificial island to accelerate oil and gas exploration

November 19, 2025

(World Oil) – Pakistan Petroleum Ltd., a state-owned energy company, is reclaiming land from the sea to create a launchpad to ramp up oil and gas exploration. The artificial island will come up about 30 kilometers (19 miles) off the coast of the southern Sindh province, near Sujawal, PPL’s General Manager Exploration and Core Business Development, Arshad Palekar, said on the

MariEnergies discovers oil at Shawal-1 exploration well in Pakistan

October 21, 2025

(World Oil)- MariEnergies has announced an oil discovery at its Shawal-1 exploration well, located within the Mari Development and Production Lease (Mari D&PL) in Sindh Province, Pakistan. The company operates the block with a 100% working interest. 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

Global LNG supply surge will drive lasting demand growth, says ADNOC Gas CEO

October 10, 2025

(World Oil)– A looming surge in liquefied natural gas supply through the end of the decade is poised to create demand that won’t go away, said an ADNOC Gas executive. Prices of the super-chilled fuel are widely expected to drop as a number of LNG projects go online in the coming years, including Abu Dhabi National Oil Co.’s plant at

U.S., Pakistan sign deal to develop oil reserves, improve trade ties

August 1, 2025

(World Oil)– The U.S. sealed a trade deal with Pakistan as their officials wrapped up talks in Washington, agreeing to develop oil reserves. The pact involves a reduction of the so-called reciprocal tariffs, especially on Pakistani exports, according to a statement by Pakistan’s finance ministry on Thursday. No details on tariffs were shared by either side. U.S. President Donald Trump

Pakistan Stops Offshore Drilling: No Gas, No Oil Found

May 20, 2019

Associated Press•May 20, 2019 ISLAMABAD (AP) — Pakistan’s ministry of petroleum says authorities are ending offshore drilling off the Karachi coast in the Arabian Sea after no reservoirs of oil or gas were found. The news was a setback for Pakistan, which had placed high hopes in the project discovering enough oil for its needs. The ministry said in Sunday’s

LNG to the Rescue: Pakistan’s First LNG Import Terminal Receives 120 Shipments

December 5, 2017

From Business Recorder KARACHI: Pakistan’s first Liquefied Natural Gas (LNG) energy terminal has received 120 shipments and injected 7.4 million tonnes LNG in the national transmission network since start of its operations, saving US $1.2 billion per year in the national kitty. “Established by Engro Pakistan, the plant was completed in a record 330 days and succeeded to transfer 120

Russia to Finance a $2 Billion LNG Pipeline in Pakistan

June 30, 2015

New pipeline represents the first infrastructure deal between the two countries since the 1970s Pakistan is expected to sign an agreement with Russia for the construction of a 1,100 km (about 684 mile) liquefied natural gas (LNG) pipeline from Karachi in southern Pakistan to Lahore in the North. Under the partnership, Russia will provide $2 billion to lay the pipeline,

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