PGNiG expands Pakistan footprint with more acreage

PGNiG expands Pakistan footprint with more acreage

PGNiG has acquired a 25% interest in the Musakhel Block in central Pakistan, which the Polish state oil and gas producer estimates holds 16 billion cubic metres of gas resources.

The 2,176 sq km block lies in the north-eastern part of Pakistan’s Balochistan province, which the company says is rich in natural gas. PGNiG will gather more information on the resource potential of the Musakhel acreage through seismic surveys set to start in 2022, the company said in a statement yesterday.

Pakistan suffers from a severe gas shortage as domestic production wanes and demand is rising. The government has turned to importing liquefied natural gas (LNG) to alleviate supply shortages, but more domestic production would be welcomed.