Oil & Gas Production to double in KP: MOL assures Pervez Khattak

Oil & Gas Production to double in KP: MOL assures Pervez Khattak | PakistanTribePESHAWAR – The MOL Pakistan Friday assured the Chief Minister Khyber Pakhtunkhwa Pervez Khan Khattak that they will soon double their production of energy in the province which will on the one hand contribute to controlling the deficiency of energy while on the other hand the revenue/income of the province.


The assurance was affirmed in a meeting Friday when the Islamabad based Ambassador of Hungry, Istvan Szabo, the Managing Director of MOL Pakistan Mr. Ferenc Juhasz and Political Advisor to MOL Pakistan Ali Murtaza Abbas called on the Chief Minister at the Pakhtunkhwa House, Islamabad. MNA Dr. Imran Khattak and Senator Adnan Khan were also present on the occasion.

The Chief Minister informed the Ambassador and the management of MOL-Pakistan of the difficulties the people of the Province were facing due to the low pressure of gas supply particularly for domestic users and with the fall of winter season and said that he had already taken up the matter with the authorities of Sui-Northern gas who will improve their own capacity to ensure smooth supply to the people. The Chief Minister appreciated the management of MOL for creation of employment opportunities for the people of the province suffering jobless-nesses and hence poverty and illiteracy.

While the Ambassador discussed the prospects of cementing mutual relations between the two friendly nations, the MD of the energy company discussed the prospects of increasing the exploration of oil and gas resources and assured that they would continue to contribute to improvement of skills and transfer of technology to the Province. He said that they were conscious of their corporate responsibilities and almost all their employees both skilled and unskilled are local while over 20 engineers of Khyber Pakhtunkhwa were working with them and in all staff members except two are from Pakistan. On the other hand 25 engineers from KP were in Budapest, Hungary who will also transfer the skills so acquired there to their homeland. They also informed Mr.Khattak of their contribution to the health, education and other welfare sectors of the Province and assured to further increase it.

As they were informed that the blockade of NATO supply by the PTI-JI workers to Afghanistan has nothing to do with the transportation of other cargos may be meant for upward country or even Afghan transit trade, the MD MOL-Pakistan assured that they would soon transport two more rigs so that the capacity of their extraction of oil and gas is doubled. At the present two of their rigs are working in Karak and Hangu-Kohat districts of the Province.

MOL Pakistan, a subsidiary of the MOL Group, Netherlands has been working in Pakistan since 1999 and has brought a wealth of international experience in exploration and production projects from across the globe to Pakistan. It produces Oil & Gas from TAL Block as the operator of the concession. It also holds concessions for Margala and Margala North Blocks and has recently acquired significant shares in the Karak block as non-operating partner which is considered as another promising prospect for the future discoveries. Under its banner of The Citizen Foundation (TCF), it has been running three schools in Gurgury with provision of most modern facilities besides contributing about USD 1.6 million for the welfare of communities in Pakistan.

About Anas Rehman

Anas Rehman is a web-producer of PakistanTribe.com. He covers Sindh and Balochistan provinces.

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