Business

Yemen oil and gas industry attracts new players in the oil fields

By NY Staff

Pakistan Oilfields Limited has been listed for the new announced oil blocks in Yemen. Tariq Jaswal General Manager Operation said that Pakistan Oil fields are the largest private owned oil company producing oil since 1940. The Petroleum Exploration and Production authority (PEPA) Invited the company to review the data and collected the primary information as a first Pakistani shortlisted oil company. “ We have completed our evaluation  for the oil blocks and we just finished the collection of the data”said Jaswal. We are trying to extend our operation activities overseas since a long time and if we will win a block in Yemen we will operate it. The company is looking for a long term to understand the geological condition in Yemen and will keep trying a hydrocarbon block through getting enough information from the PEPA.

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