Govt taking steps to increase indigenous oil, gas production
Forty-six new exploration licenses have been granted to different companies.
The Government is taking serious steps to increase the indigenous oil and gas production in the country.
According to official sources new exploration licenses are being granted. Forty-six new exploration licenses have been granted to different companies. One hundred and eighty-six wells have been dug since June 2013. Fifty-four discoveries have been made during this period and fourteen discoveries are under evaluation.
As a result of steps taken by the Government, additional volume of around 34,000 Barrel of Oil per day and around 500 MMCFD of gas has been added in the system.