KARACHI: Pakistan Petroleum Limited (PPL) has become the first Pakistani oil and gas firm to go global, the minister for petroleum said, as it started drilling an exploration well in Iraq where gas deposits of 200-300 million cubic feet per day (mmcfd) are expected to be found.
State-owned PPL said in a notification sent to the Pakistan Stock Exchange on Tuesday that it had drilled an exploration well-named Madain-1 on Block 8 in Iraq on April 14, 2019. The block is located in the Mesopotamian basin and “surrounded by areas that have several large oil and gas fields,” the notification added.
“PPL’s foray into the international competitive energy markets and its success is heartening and a resounding success for this division, the company and indeed the entire nation,” Minister for Petroleum Ghulam Sarwar Khan said in a statement on Wednesday.
In its statement to the stock exchange, PPL said the well was being drilled on an integrated project management basis by a Chinese drilling contractor, ZEPEC, and marked a significant milestone in the company’s history as its first international exploration.
“The Madain-1 prospect matured with the help of a 3D seismic survey carried out by the company over a 300-square-kilometer area of the block that spanned around 6,000 square kilometers,” the notification said. “There are multiple reservoir targets in Madain-1 that will be drilled to a depth of approximately 5,000 meters.”
The PPL and its subsidiaries hold a portfolio of 43 exploration blocks of which PPL operates 26, including one block in Iraq.
The project is wholly owned by the government of Iraq while PPL will draw remuneration from revenues as per the agreement signed with the government.
“There is no estimation when it [project] would come online but it seems that it would take 5 to 6 months to materialize,” said Samiullah Tariq, Head of Research at Arif Habib Limited.
Lucky Cement, another privately owned Pakistani company, already has a footprint in Iraq with a cement grinding unit in Basra and a greenfield clinker manufacturing facility in Samawah, expected to achieve commercial production in the last quarter of financial year 2019-20.
Pakistan Petroleum goes global with first exportation well in Middle East
Pakistan Petroleum goes global with first exportation well in Middle East
- PPL is the first Pakistani oil and gas firm to drill abroad, spuds gas exploration well in Iraq on April 14, 2019
- Pakistan Petroleum and subsidiaries hold 43 exploration blocks of which PPL operates 26, including one in Iraq
Pakistan’s interior minister accuses Imran Khan’s party of politicizing health issues
- Interior Minister Mohsin Naqvi rejects reports of Imran Khan losing 85 percent vision in his affected eye
- Health concerns for Khan’s eye ailment have triggered protests and road closures in Khyber Pakhtunkhwa
ISLAMABAD: Pakistan Interior Minister Mohsin Naqvi on Tuesday accused former prime minister Imran Khan’s party of politicizing his health issues for mileage, reiterating that the government had granted him adequate medical treatment in prison.
Naqvi’s response came hours after Khan’s Pakistan Tehreek-e-Insaf (PTI) party rejected a government-issued medical report on his eye condition, demanding authorities allow family members and his personal physician to examine him in prison.
Health concerns emerged last week after a court-appointed lawyer, Barrister Salman Safdar, visited Khan at Rawalpindi’s Adiala Jail and reported that the former premier had suffered “severe vision loss” in his right eye due to central retinal vein occlusion (CRVO), leaving him with about 15 percent sight in the affected eye.
Jail authorities said a team of doctors from multiple hospitals examined Khan on Sunday and submitted findings to a court. A two-page medical document circulated on social media stated that unaided vision in Khan’s right eye was 6/24 and 6/9 in the left, improving to 6/9 (partial) and 6/6 respectively with glasses. While Naqvi has confirmed a medical report has been released, he did not discuss its findings.
Speaking to reporters in Lahore during a press conference, the interior minister accused the PTI of creating a “propaganda” that Khan had lost 85 percent vision in his affected eye.
“It is our obligation to tell people this much that whatever cells in your [PTI] party that are doing this, beware of them,” he said. “They are enemies of the people and are trying to do their politics under the guise of some other objectives.”
Naqvi said contrary to what the PTI was doing, the government did not want to politicize Khan’s eye ailment, adding that the welfare of every prisoner was its responsibility.
“After all this thing I have come to the conclusion about some people [in PTI] that they care more about their politics than his [Khan’s] health,” he said.
Sharing details of the checkup, Naqvi said he invited PTI Chairman Gohar Ali Khan to reach Rawalpindi’s Adiala jail, where Khan is imprisoned, to witness the former premier’s medical examination on Sunday. However, the minister said Gohar refused, citing party consultations.
He said Gohar, along with the opposition leaders in the Senate and National Assembly— Allama Raja Nasir Abbas and Mehmood Khan Achakzai--and their preferred doctors were invited to the Pakistan Institute of Medical Sciences (PIMS) for a briefing on Khan’s checkup.
Naqvi said Gohar, Abbas and Achakzai, along with the doctors, expressed satisfaction over Khan’s examination. However, he alleged Khan’s sister Aleema Khanum told party members that if they accepted the government’s version, “the issue would die down.”
“You also got the medical report yesterday,” Naqvi told reporters. “And in it, all things are clear.”
Khan’s health concern has sparked protests by supporters, including demonstrations and road closures in the northwestern Khyber Pakhtunkhwa province where his party governs, and a sit-in outside parliament in Islamabad.
FORMER CAPTAINS RALLY FOR KHAN
Separately, 14 former international cricket captains appealed to the government to grant Khan immediate medical treatment for his eye ailment, calling for “humane and dignified detention conditions” for the former Pakistan captain.
The statement was issued on behalf of former captains Michael Atherton, Allan Border, Michael Brearley, Greg Chappell, Ian Chappell, Belinda Clark, Sunil Gavaskar, David Gower, Kim Hughes, Nasser Hussain, Clive Lloyd, Kapil Dev, Steve Waugh and John Wright.
“As fellow cricketers who understand the values of fair play, honor, and respect that transcend the boundary rope, we believe that a person of Imran Khan’s stature deserves to be treated with the dignity and basic human consideration befitting a former national leader and a global sporting icon,” the statement read.
The statement also called for “fair and transparent access” to legal processes for Khan without undue delay or hindrances.
Khan, a former cricket star who served as prime minister from 2018 to 2022 before being removed in a parliamentary vote of no confidence, has been in jail since August 2023 in multiple cases he says are politically motivated. The government denies the allegations.
Khan’s family members are expected to hold a press conference in the evening today outside Adiala jail on his health condition.
