Government open new exploration and production opportunities to explore unconventional gas reservoirs

Islamabad: Government will continue to open new Exploration and Production E&P opportunities in line with global shift to explore unconventional gas reservoirs and ensure enabling business environment to attract international expertise and investment, says Secretary Petroleum Mohammad Ejaz Chaudhry,

He was speaking at special session on Exploiting Shale Gas in Pakistan ahead of SPE-PAPG Annual Technical Conference 2011 hosted Monday by Pakistan Petroleum Limited which drew high-level participation from government representatives, management, technical staff of leading local, international E&P companies. Chaudhry lauded PPL’s efforts in serving as conduit for drawing local and international attention to prospects for shale gas exploration in the country.

Managing Director & CEO PPL Asim Murtaza Khan said session was meant to bring shale gas exploration on country’s E&P map and encourage participation by leading international E&P players in dialogue around policy and fiscal framework necessary for a breakthrough. He hoped it will provide platform for knowledge sharing, fuel further strategic interest, engagement by international E&P community in exploiting shale gas resources in Pakistan to meet future energy needs in face of depleting conventional reservoirs.

Local and foreign delegates presented papers in session chaired by Peter Seitinger, General Manager, OMV (Pakistan) Exploration Gmbh. These included Methodology & Technology for Prospecting Unconventional Plays, especially Shale Gas, in Pakistan by PPL General Manager Exploration Moin Raza Khan, Senior Manager Dr. Nadeem Ahmad, Lessons Learned: Shale Gas Exploitation in Poland by Marcin Józwaik of PGNiG Technologie Sp. zo.o, Shale Gas Exploitation in North America and its Replication in Pakistan by Robert Kuchinski, Wireline Business Development Manager, Weatherford, Middle East & North Africa. A roundtable was held on Technical, Commercial & Fiscal Strategies to promote Shale Gas Exploitation in Pakistan.

At end of session, Khan said he looked forward to enhance business linkages between Pakistan & Poland through PGNiG, a PPL joint venture partner, in exploiting unconventional reserves in Pakistan. Preliminary estimates suggest 65 Tcf of shale gas resources within the country’s accessible basins and regions.

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