Pakistan discovers gas deposits in northwestern Kohat district amid rising LNG shortage

The picture posted on April 24, 2021 shows a gas field run by OGDCL in Pakistan. (OGDCL/Facebook)
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Updated 19 September 2022
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Pakistan discovers gas deposits in northwestern Kohat district amid rising LNG shortage

  • Oil and gas development authority says the discovery will improve energy security in the country
  • Pakistan faces gas shortages in winter due to a nine percent depletion of its natural gas fields annually

ISLAMABAD: Pakistan’s Oil and Gas Development Company Limited (OGDCL) on Monday announced the discovery of gas deposits in Kohat district in the northwestern Khyber Pakhtunkhwa province at a time when the country is finding it difficult to procure liquefied natural gas (LNG) from the international market.

In recent years, Pakistan has faced gas shortages in winter since its natural gas fields are depleting at the rate of about nine percent annually.

The prices of petroleum products, including the LNG, also increased in the beginning of the year after Russia invaded Ukraine in February, disrupting the international markets and leaving developing countries like Pakistan in a difficult situation.

The OGDCL announced the gas discovery in a letter addressed to the Pakistan Stock Exchange while requesting it to disseminate the information among its members.

According to the letter, the TAL Joint Venture, which includes several companies, had discovered “gas condensate” from Kohat.

“The said discovery will help & contribute toward improving energy security of the country from indigenous resources and add to the hydrocarbon reserves base of the company, its Joint Venture Partners and the Country,” it said.

It added that it started drilling the well in April this year and successfully reached the depth of 4,119.34 meters.

Established in 1961, the OGDCL is responsible for exploring, drilling, refining and selling oil and gas in the country.

The company has gained greater importance in the country since Pakistan has been trying to explore domestic options to boost its oil and gas supplies by attracting foreign investment in the field.

Among its other initiatives, Pakistan hopes to receive a $1.3 billion investment from the United Arab Emirates (UAE) to upgrade Pak-Arab Refinery Company Limited (Parco).

It is also willing to explore the option of getting oil and gas on discounted rates to deal with the growing domestic demand for energy.


Pakistan’s army chief discusses bilateral defense ties with visiting US Congressional delegation

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Pakistan’s army chief discusses bilateral defense ties with visiting US Congressional delegation

  • ISPR says both sides emphasized the importance of sustained engagement ‘based on mutual respect’
  • They also signed a memorandum of understanding to formalize training cooperation in the field of IT

ISLAMABAD: Pakistan’s Chief of Army Staff General Asim Munir on Sunday discussed regional security and defense cooperation with a visiting US Congressional delegation, with both sides signing a memorandum of understanding for training collaboration in the field of information technology.
The two countries share a long history of defense cooperation dating back to the Cold War, when Pakistan was a key US ally in the region. However, their relationship was subsequently marked by phases of cooperation as well as tension, including US sanctions on Pakistan at various points.
The two countries reaffirmed their partnership in the wake of the September 11, 2001, attacks, when the US-led forces invaded Afghanistan, but diverging strategic interests led several American analysts to describe Pakistan as a “frenemy.”
According to a statement issued by the military’s media wing, Inter-Services Public Relations (ISPR), the two sides emphasized the importance of sustained engagement “based on mutual respect, shared values, and converging strategic interests” during the meeting.
“Discussions during the meeting encompassed a range of issues of mutual interest, with particular emphasis on regional security and defense cooperation,” the ISPR said.
“The visiting US lawmakers commended the Pakistan Armed Forces for their pivotal role in combating terrorism and acknowledged Pakistan’s enduring contributions to regional peace and stability,” it added.
The US delegation, led by Representative Jack Bergman along with Representatives Thomas Souzzi and Jonathan Jackson, conveyed its commitment to advancing broad-based cooperation with Pakistan, particularly in the fields of security, trade, investment and economic development, while underscoring respect for Pakistan’s sovereignty.
The army chief thanked its members for their visit and reiterated Pakistan’s desire to further deepen and diversify its longstanding partnership with the US in a way that serves both countries’ national interests.
During the meeting, a memorandum of understanding was also signed to formalize training cooperation in information technology.
Earlier in the day, the US delegation also met Interior Minister Mohsin Naqvi and held discussions on counterterrorism cooperation and bilateral investment.
Pakistan and the US are expected to hold a counterterrorism dialogue in June.
The cooperation gains particular significance amid a recent surge in militant attacks in Pakistan’s western provinces bordering Afghanistan.


Pakistan urges Iran, US to resolve differences through diplomacy following talks in Oman

Updated 13 April 2025
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Pakistan urges Iran, US to resolve differences through diplomacy following talks in Oman

  • The indirect discussions between the two states on April 12 marked their first engagement since 2017
  • The talks have come against the backdrop of Israel’s military engagements in Gaza, Syria and Lebanon

ISLAMABAD: Pakistan on Sunday welcomed recent talks between Iran and the United States in Muscat, the capital of Oman, urging both sides to resolve longstanding differences through dialogue and diplomacy.
The indirect discussions, held on April 12 under Omani mediation, marked the first engagement between the two countries since 2017 and focused on reducing tensions over Iran’s nuclear program, among other issues.
Both sides described the talks as constructive and agreed to continue the dialogue.
“Pakistan welcomes the talks between the Islamic Republic of Iran and the United States of America that were held on 12 April 2025 in Muscat under the good offices of Oman,” the foreign office said in a statement.
“Pakistan considers that dialogue and diplomacy will promote peace and stability in the region and advance the objective of resolution of differences and disputes on the basis of negotiations and mutual respect,” it added. “We encourage the parties to continue to follow this path.”
Iranian Foreign Minister Abbas Araghchi and US Special Envoy for the Middle East Steve Witkoff led their respective delegations. While the talks were primarily indirect, reports indicated that the two officials briefly spoke face-to-face, signaling a possible thaw in relations.
Iran has insisted its missile defense program remains non-negotiable, while the US has maintained its “maximum pressure” campaign, demanding that Iran not weaponize its nuclear capability.
Relations between the US and Iran have been fraught since the 1979 Islamic Revolution, and the two nations have had no formal diplomatic ties since 1980.
Tensions escalated after the US withdrew from the 2015 nuclear deal in 2018. The recent talks in Muscat have come against the backdrop of Israel’s military engagements in the Occupied Palestinian Territories, as well as Syria and Lebanon.
Last year, Iran and Israel also launched missile and drone strikes, marking their first direct military confrontation.


Pakistan seeks Iran’s help to probe killing of eight nationals in Sistan-Baluchistan

Updated 13 April 2025
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Pakistan seeks Iran’s help to probe killing of eight nationals in Sistan-Baluchistan

  • The attack was claimed by Baloch separatists from Pakistan’s restive southwestern province
  • Iranian embassy in Pakistan condemned the incident, calling for joint efforts to combat ‘terrorism’

ISLAMABAD: Pakistan said on Sunday it hoped for full Iranian cooperation to investigate the killing of eight of its nationals in Sistan-Baluchistan province and was working to ensure the prompt repatriation of the victims’ bodies.
The news of the killings emerged in Pakistani media on Saturday evening, though the federal authorities initially remained silent.
Later at night, the foreign office confirmed the development in response to media queries, saying its officials were in contact with Iranian authorities and would comment once details were confirmed.
Separately, Prime Minister Shehbaz Sharif expressed grief over the attack, which was claimed by a Baloch separatist group, and voiced concern that the incident had occurred on Iranian soil.
“Eight Pakistani nationals were tragically killed yesterday in Mehrestan County, Sistan-Baluchistan province, located approximately 230 kilometers from the Pakistan-Iran border,” the foreign office said in a statement. “Our Mission has already requested consular access to verify their identities.”
“Pakistan strongly condemns the inhumane and cowardly killing of its nationals in Iran,” it continued. “We hope for Iranian side’s full cooperation in investigating the matter and timely repatriation of victims’ remains.”
The foreign office said the country’s embassy in Tehran and consulate in Zahedan were in constant touch with Iranian authorities to ensure a comprehensive investigation and swift transfer of the bodies.
A day earlier, Afghanistan’s Khaama Press News Agency reported the victims were all auto mechanics.
Thousands of Pakistanis, mostly from underprivileged backgrounds, regularly cross into Iran for informal work in industries such as auto repair, agriculture and construction.
The Balochistan National Army (BNA), a separatist group from Pakistan’s southwestern region, claimed responsibility for the killings, alleging that the victims were affiliated with Pakistan’s premier intelligence agency.
Balochistan, a resource-rich but restive province of Pakistan bordering Iran and Afghanistan, has witnessed a low-level insurgency for nearly two decades.
Baloch militant groups accuse the central government of exploiting local resources while neglecting the population. Islamabad denies the allegations and says it is committed to regional development.
On Saturday night, the Pakistani premier called on the Iranian government to investigate the attack thoroughly and publicly share its findings.
“Terrorism is a scourge that is devastating for all countries in the region,” he said, urging regional states to adopt a coordinated strategy to root out militancy.
The Iranian embassy in Islamabad also condemned the killings earlier today and emphasized the need for joint efforts to combat terrorism.
“Combating this ominous phenomenon requires collective and joint efforts by all countries to eradicate all forms of terrorism and extremism that have claimed the lives of thousands of innocent people in recent decades,” it said.
The incident echoes a similar attack in January 2023, when nine Pakistani laborers were killed and three others critically injured in Saravan, another city in Iran’s southeastern region. Those victims were also reportedly employed at an auto repair shop.
That attack had taken place at a time when Pakistan and Iran were seeking to normalize ties following tit-for-tat missile and drone strikes.


Pakistani businessmen in Saudi Arabia eye investment in key sectors back home

Updated 13 April 2025
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Pakistani businessmen in Saudi Arabia eye investment in key sectors back home

  • These entrepreneurs are visiting Islamabad to attend the three-day Overseas Pakistanis Convention
  • Pakistan Investors Forum plans commercial hub in Saudi Arabia to promote top 100 Pakistani brands

ISLAMABAD: Overseas Pakistani businessmen in Saudi Arabia expressed interest in investing in the tourism, agriculture, food processing and trading sectors of their country of origin on Sunday, as they arrived in Islamabad to attend the inaugural Overseas Pakistanis Convention.
Nearly 20 Pakistan-origin businessmen from the Kingdom are participating in the program that kicked off today and will conclude on April 15.
Organized by the Ministry of Overseas Pakistanis, the convention aims to recognize the contributions of expatriates to the national economy and address their concerns.
The government has accorded state guest status to all the attendees, with special arrangements made to welcome them at airports.
“We have keen interest in investing in Pakistan’s tourism infrastructure, including hotel development and facility upgrades, as well as in value-added agriculture, food processing and general trading sectors such as import-export,” Faisal Tahir Khan, a Saudi-born Pakistani businessman whose family has lived in the Kingdom for the past seven decades, told Arab News.
“At the moment our main platform, the Pakistan Investment Forum [PIF] in Saudi Arabia, is also working to build a Pakistan commercial hub in the Kingdom where we will be bringing the top 100 brands of Pakistan there,” he added.
Remittances sent by overseas Pakistanis are crucial for the country as the nation navigates a tricky path to recovery from a prolonged economic crisis that drained its revenues in recent years.
Pakistan expects to receive more than $35 billion in remittances until the end of this fiscal year in June, with its nationals in Saudi Arabia being top contributors to the country’s economy.
Khan maintained the Kingdom offered a robust investment ecosystem, driven by its Vision 2030 initiative to reduce its oil reliance and transform economy, saying the authorities in Riyadh are promoting equal opportunities for all investors.
Ali Khurshid Malik, another businessman from the Pakistani diaspora in Saudi Arabia, emphasized local companies should not miss the opportunities emerging in the construction sector in the Kingdom with the launch of projects like NEOM City.
NEOM City is a flagship project under Vision 2030, aimed at building a futuristic, sustainable urban hub driven by innovation and technology.
“The NEOM project offers a major opportunity for Pakistani investors in both construction, where Pakistan excels in materials and labor, and in smart city technologies, where its IT sector can play a key role,” he told Arab News.
Malik, who also serves as the finance secretary with PIF, said overseas Pakistanis with businesses in Saudi Arabia could help connect relevant companies in Pakistan, such as those providing construction materials like sanitary supplies, ceramics and marble with Saudi firms.
“There is also a demand for skilled workers, particularly in areas like smart electronics for smart homes,” he noted.
He also pointed out Pakistan needed to improve its certification systems to provide the Kingdom with certified skilled workers, including specialists in electronic modules, electronic systems, as well as electronic and software engineers.
Raja Shahid Raza, a Riyadh-based Pakistani entrepreneur, said the convention would provide a valuable opportunity for overseas Pakistani investors, businessmen and community members to engage directly with government institutions, while also boosting their pride as their contributions are being recognized by the country.
“As the top management of all key institutions that overseas Pakistanis interact with will be present, it will be a great opportunity to voice our concerns and receive direct responses from them,” he said, adding it would also connect different local businesses with the overseas community.
In a statement, Federal Minister for Overseas Pakistanis Chaudhry Salik Hussain said the convention aimed to address expatriates’ issues and recognize their contributions.
He informed the country’s top leadership, including the prime minister and the army chief, will also address the visiting business representatives.


Pakistan to launch direct flights to Azerbaijan on April 20 as bilateral ties grow

Updated 13 April 2025
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Pakistan to launch direct flights to Azerbaijan on April 20 as bilateral ties grow

  • The announcement comes after PIA reported operational and net profits for the first time in 21 years
  • Pakistan and Azerbaijan have vowed to deepen strategic cooperation in trade, energy and defense

ISLAMABAD: Pakistan’s national flag carrier on Sunday announced it will begin direct flights to Baku, the capital of Azerbaijan, from April 20, as the two countries move to deepen strategic cooperation across trade, energy, defense and regional connectivity.
Pakistan and Azerbaijan have been stepping up bilateral collaboration, with Islamabad offering Baku and other Central Asian states access to its Gwadar and Karachi ports.
In return, Azerbaijan committed to a $2 billion investment in Pakistan’s mining, energy and infrastructure sectors during Prime Minister Shehbaz Sharif’s visit to Baku in February.
Pakistan International Airlines (PIA) announced the new service at a special ceremony in Karachi held in honor of travel agents and tour operators, who were briefed on the new route.
“PIA will operate two weekly flights from Lahore,” the airline said in a statement after the gathering, adding that “flights to Baku will depart on Sundays and Wednesdays.”
PIA said the direct connection to Azerbaijan would help boost two-way tourism and commercial ties, adding it was committed to ensuring the viability of the Baku route and strengthening its presence in the Central Asian market.
The Pakistani national airline, which has long struggled financially, surprised observers earlier this month by posting an operational profit of $33.48 million and a net profit of $94.32 million in the last fiscal year.
This was the first time in 21 years the airline has made these profits.
The launch of the Baku route is expected to support the carrier’s business further as the government pushes ahead with plans to privatize it under a $7 billion International Monetary Fund (IMF) program aimed at reforming state-owned enterprises and stabilizing the economy.