Khyber Pakhtunkhwa Oil & Gas Company
| Company type | Private |
|---|---|
| Industry | Oil and gas |
| Founded | 2013 |
| Headquarters | , Pakistan |
Key people | Nasir Khan (CEO) |
| Revenue |  Rs. 86.032 million (US$300,000) (2022) |
 Rs. 1.155 billion (US$4.0 million) (2022) | |
| Total assets | Rs. 2.491 billion (US$8.6 million) (2022) |
| Total equity | Rs. 663.705 million (US$2.3 million) (2022) |
| Owner | Government of Khyber Pakhtunkhwa |
| Parent | Government of Khyber Pakhtunkhwa |
| Website | kpogcl |
| Footnotes / references Financials as of 30 June 2022[update] [1] | |
Khyber Pakhtunkhwa Oil & Gas Company Limited commonly known as KPOGCL, is a Pakistani oil and gas exploration company based in Peshawar. It was established by the Government of Khyber Pakhtunkhwa in 2013.[2][3] KPOGCL is a member of the Pakistan Petroleum Exploration and Production Companies Association.[4] The Acting chief executive officer of the company is Nasir Khan .[5]
The company owns exploration and production rights for about 10 trillion cubic feet (280 billion cubic metres) of natural gas and 600 million barrels (95 million cubic metres) of petroleum resources in Khyber Pakhtunkhwa.[6] 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 23 barrels per day (3.7 m3/d) to Attock Refinery.[7]
In 2015, the company signed a memorandum of understanding with Russian exploration company Rosgeologia on joint exploration and production activities.[8][9]
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.[10][11]
References
[edit]- ^ "Khyber Pakhtunkhwa Oil & Gas Company Limited Annual Report 2022" (PDF). Retrieved 23 November 2024.
- ^ "KPOGCL to trigger economy in KPK, hopes Hoti". The Nation. 12 March 2013. Retrieved 28 February 2016.
- ^ "Establishment of KPOGCL is landmark achievement of the present provincial government, CM". Pakistan Press International. 11 March 2013. Archived from the original on 5 March 2016. Retrieved 28 February 2016.
- ^ KPOGCL on PPEPCA
- ^ "Nasir Khan appointed as Chief Executive Officer of KPOGCL". Business Recorder Pakistan.
- ^ "KPOGCL gears up efforts to boost hydrocarbon exploration". The Nation. 11 November 2015. Retrieved 28 February 2016.
- ^ Yousafzai, Fawad (28 January 2016). "KP allowed to sell seepage crude oil for first time". The Nation. Retrieved 28 February 2016.
- ^ "KPOGCL, Russian oil and gas firm ink MoU". The Nation. 9 September 2015. Retrieved 28 February 2016.
- ^ Kiani, Kaleeq (10 September 2015). "Russian firm signs MoUs with two oil companies". DAWN. Retrieved 28 February 2016.
- ^ "Oil and gas: K-P to facilitate exploration". The Express Tribune. 2 December 2015. Retrieved 28 February 2016.
- ^ "KPOGCL to facilitate E&P companies in Seismic Data Acquisition". The Frontier Post. 2 December 2015. Archived from the original on 5 March 2016. Retrieved 28 February 2016.
