OGDCL targets higher oil, gas production amid global uncertainty

March 09, 2026 (MLN): Pakistan is accelerating efforts to strengthen its energy independence, with the Special Investment Facilitation Council driving initiatives aimed at expanding domestic oil and gas production.

Amid rising geopolitical tensions in the Middle East and volatility in global energy markets, authorities in Pakistan are prioritizing strategies that reduce reliance on imported fuels by increasing local resource development.

State-owned Oil and Gas Development Company Limited (OGDCL) is at the center of these efforts, implementing a series of operational and exploration measures to boost indigenous energy output.

The company has set a production target of 865 million cubic feet per day (MMcfd) of natural gas, representing a 5% increase compared to current output levels, according to Radio Pakistan.

Alongside gas expansion, OGDCL is also working to raise crude oil production by 14%, aiming to reach 40,000 barrels per day (bpd).

The move is part of a broader national strategy to strengthen energy security and cushion the economy from external supply disruptions and price shocks.

Energy expert Muhammad Arif noted that in the current economic environment, countries are increasingly turning to their national oil companies to secure stable supplies.

He added that strengthening domestic exploration and production could significantly reduce Pakistan’s dependence on imported oil and gas.

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