Mol targets Pakistan’s unconventional potential

The company wants to increase production to around 140,000 boe/d in the next five years

Mol Group is betting on unconventional oil and gas in Pakistan as part of ambitious plans to boost output. The Hungarian company wants to increase its oil and gas production from around 94,000 barrels of oil equivalent per day (boe/d) last year, to around 140,000 boe/d in the next five years. “Pakistan is very important to us because it has not only significant onshore conventional (oil and gas) potential but unconventional potential as well,” Dodds told Petroleum Economist on the sidelines of the 21st World Petroleum Congress (WPC). Although Dodds said it was too early to give an estimate for Pakistan’s unconventional oil and gas resources he added that the numbers could be significant for