Asset Report
Indus Basin tight gas unconventional concept play
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Report summary
Historically, Pakistan has been self-sufficient to meet its gas demand. However demand more than doubled between 2000 and 2012, reaching about 34 billion cubic metres in 2012 This trend is expected to continue out to 2025, driven by the industrial sector. In early 2013, Sui Southern Gas Company Limited (SSGCL) and a JV of Polish Oil and Gas (PGNiG) and Pakistan Petroleum Limited (PPL) signed the country's first tight gas sales agreement. The agreement calls for 30 mmcfd from the Kirthar block be supplied in consideration for roughly US$6.00/mcf. In June 2013, the first gas from an extended well test on the Rizq tight gas field was delivered to SSGCL. In January 2017, PGNiG and PPL was awarded a production license for the Rehman field. Gas production from Rizq and Rehman averaged 25 mmcfd in 2017.
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