Khyber Pakhtunkhwa Oil & Gas Company Explained

Khyber Pakhtunkhwa Oil & Gas Company Limited
KPOGCL
Industry:Oil and gas
Predecessors:-->
Successors:-->
Founded:2013
Founders:-->
Hq Location City:Peshawar (Khyber Pakhtunkhwa)
Hq Location Country:Pakistan
Key People:Nasir Khan (CEO)
Profit:-->
Profit Year:-->
Owner:Government of Khyber Pakhtunkhwa

Khyber Pakhtunkhwa Oil & Gas Company Limited commonly known as KPOGCL, is a provincial oil and gas holding company based in Peshawar, Pakistan. It was established by Government of Khyber Pakhtunkhwa in 2013.[1] [2] KPOGCL is a member of the Pakistan Petroleum Exploration and Production Companies Association.[3] The Acting chief executive officer of the company is Nasir Khan .[4]

The company owns exploration and production rights for about 10e12cuft of natural gas and 600Moilbbl of petroleum resources in Khyber Pakhtunkhwa.[5] In January 2016, the Federal Government of Pakistan allowed KPOGCL for the first time in country's history to sell seepage crude oil. The company may supply up to to Attock Refinery.[6]

In 2015, the company signed a memorandum of understanding with Russian exploration company Rosgeologia on joint exploration and production activities.[7] [8]

In addition to its own activities, the company provides services to other oil and gas companies in seismic data acquisition, geological and geo-physical surveys, logistic support and security arrangement.[9] [10]

Notes and References

  1. News: . KPOGCL to trigger economy in KPK, hopes Hoti . 12 March 2013 . 28 February 2016.
  2. News: . Establishment of KPOGCL is landmark achievement of the present provincial government, CM . 11 March 2013 . 28 February 2016 . https://web.archive.org/web/20160305074608/http://ppinewsagency.com/103619/establishment-of-kpogcl-is-landmark-achievement-of-the-present-provincial-government-cm/ . 5 March 2016 . dead .
  3. http://www.ppepca.com/communitydevelopment/KPOGCL.html KPOGCL on PPEPCA
  4. News: Nasir Khan appointed as Chief Executive Officer of KPOGCL. Business Recorder Pakistan.
  5. News: . KPOGCL gears up efforts to boost hydrocarbon exploration . 11 November 2015 . 28 February 2016.
  6. News: Fawad . Yousafzai . . KP allowed to sell seepage crude oil for first time . 28 January 2016 . 28 February 2016.
  7. News: . KPOGCL, Russian oil and gas firm ink MoU . 9 September 2015 . 28 February 2016.
  8. News: Kaleeq . Kiani . . Russian firm signs MoUs with two oil companies . 10 September 2015 . 28 February 2016.
  9. News: . Oil and gas: K-P to facilitate exploration . 2 December 2015 . 28 February 2016.
  10. News: . KPOGCL to facilitate E&P companies in Seismic Data Acquisition . 2 December 2015 . 28 February 2016 . https://web.archive.org/web/20160305174858/http://www.thefrontierpost.com/article/357880/kpogcl-to-facilitate-e-and-amp-p-companies-in-seismic-data-acquisition/ . 5 March 2016 . dead .