ISLAMABAD: The steps taken by Mari Petroleum and OGDCL to get the country out of the energy crisis are going on fast.
Oil and Gas Development Company Limited (OGDCL) in collaboration with Special Investment Facilitation Council (SIFC) identified gas reserves in Rahim Yar Khan on June 29. Similarly, Mari Petroleum Company Limited is an oil and gas exploration and production company with a success rate of 70%.
This discovery of Mari Petroleum Company Limited is the second consecutive success in the East Block while the discovery of gas in Chagai district is also its golden chapter. These gas deposits have been found at a depth of about 2 thousand meters in Rahim Yar Khan district of Punjab.
Such projects will not only strengthen the country’s economy but will also help restore investor confidence.
Oil and Gas Development Company Limited, with the support of SIFC, has demonstrated its commitment to building a secure and strong Pakistan through efforts to overcome the energy crisis.
He said that today I am saying this for the first time in front of the people that in December 1998, the then army chief was in charge of our SPD and classified (nuclear missile area) General Qadwai who came to me with Samarmand Mubarak. When I was Finance Minister.
Ishaq Dar said that the country is facing the worst economic sanctions. We knew that in case of becoming a nuclear power, we will not get flowers from the West. The two officers told me that before the explosion, we want solid fuel. But how much time can you provide us with the budget to start the missile program? Sartaj Aziz had promised to give money in five years a few months ago. The Army Chief has sent us to find out how much time you will take.
Ishaq Dar said that I promised two years, he was surprised that we had come thinking five to seven years, he was very happy, these two personalities are still alive, the next day the army chief called on the landline. After I spent a whole day with scientists and approved funding for the missile program, I didn’t know I’d be standing in front of you again twenty-five years later.
