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PPL boosts production output

By News Desk
April 24, 2024
A representational image showing an oil refinery. — AFP/File
A representational image showing an oil refinery. — AFP/File

KARACHI: Pakistan Petroleum Limited (PPL) has announced a significant increase in its production output, adding 17 million standard cubic feet per day (MMscfd) of gas and 530 barrels per day (bpd) of oil/condensate to its portfolio.

"This achievement underscores PPL’s unwavering commitment to bolstering the nation’s energy security," the company said in a statement on Tuesday."This additional indigenous hydrocarbon production, achieved through cost-effective measures, is poised to significantly narrow the energy demand and supply gap while saving valuable foreign exchange reserves for the nation."