KARACHI: The price revision of Qadirpur gas field is expected to witness upward revision as its pricing formula is under negotiation with the government anticipated by Oil and Gas Development Company Ltd (OGDCL) on Friday.
Oil and Gas Development Company Ltd (OGDCL) has conducted its conference in which financial results of the company have been discussed.
Officials also discussed the Kunar field project whose last year profits affected severely by Rs 15 billion due to revision in pricing formula, however the price revision of Qadirpur field is expected to be upward as this project is under negotiation.
Commented over the question related to Qadirpur field closure officials said, "It has nothing to link with compressor installation as it closed for annual maintenance."
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