OGDC Boosts Stake in Qadirpur Field to Approximately 83%
According to recent developments, Oil & Gas Development Company Limited (OGDC) has expanded its interest in the Qadirpur field, bringing its share to around 83%. The company completed a farm-in transaction to acquire additional working interest in the Qadirpur Development & Production Lease, enhancing its position in Pakistan’s vital gas sector. This strategic move aligns with OGDC’s broader goals to strengthen its upstream portfolio and capitalize on the Qadirpur field’s production capabilities. The increase reflects compliance with regulatory frameworks and underscores the ongoing interest in one of the country’s key energy assets.
Twitter quote: “OGDC’s stake in Qadirpur has significantly increased, signaling the company’s growing footprint in Pakistan’s energy sector.”
