Khyber Pakhtunkhwa Oil & Gas Company

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Khyber Pakhtunkhwa Oil & Gas Company Limited
Company typePrivate
IndustryOil and gas
Founded2013; 13 years ago (2013)
Headquarters,
Pakistan
Key people
Nasir Khan (CEO)
RevenueIncrease Rs. 86.032 million (US$300,000) (2022)
Decrease Rs. 1.155 billion (US$4.0 million) (2022)
Total assetsIncrease Rs. 2.491 billion (US$8.6 million) (2022)
Total equityDecrease Rs. 663.705 million (US$2.3 million) (2022)
OwnerGovernment of Khyber Pakhtunkhwa
ParentGovernment of Khyber Pakhtunkhwa
Websitekpogcl.com.pk
Footnotes / references
Financials as of 30 June 2022 [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

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  4. ^ KPOGCL on PPEPCA
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