PGNiG will begin extraction in Pakistan, Iran
14:44
Polish energy firm PGNiG announced that it will open a new gas deposit in Pakistan that is capable of producing 0.5 million cubic meters daily, according to a statement released by the company. The decision follows last week’s announcement by the company that it would begin cooperation with the National Iranian Oil Company on a gas deposit in that country. Of the Pakistani project, CEO Piotr Woźniak said, “We continue preparatory work to drill the next holes to further increase gas production.” The total volume of the Pakistani Rehman deposit is estimated at 4.5 billion cubic meters. It is believed by many experts that PGNiG is partaking in such ventures in order to reduce dependency on Russia’s Gazprom, which supplies most of Poland’s natural gas. Poland consumes an estimated 14 billion cubic meters of gas per year.
