OGDCL and CCDC Ink Memorandum of Understanding to Investigate Pakistan’s Shale and Tight Gas Prospects

To explore Pakistan’s shale and tight gas potential, the Chinese company CCDC and the country’s Oil and Gas Development Company have inked a memorandum of understanding.

The 8th Silk Road International Expo for Investment and Trade Forum is now taking place in Xian, China, and Minister of Petroleum Dr. Musadik Malik was present to witness the signing of the Memorandum of Understanding.

In order to reduce Pakistan’s energy needs through domestic resources, the MOU highlights the commitment of the two friendly nations to developing Pakistan’s shale and tight gas potential.

The Federal Minister wished that the two nations’ friendship and coordination would only grow stronger in the future in all sectors and thanked the Chinese side for hosting Pakistan as the country of honor.