OKTA Group plans $500mn investment in Pakistan’s oil & gas sector

OKTA Group plans $500mn investment in Pakistan’s oil & gas sector

Islamabad-based OKTA Group plans to invest $500 million over the next few years in Pakistan’s oil and gas sector with the key objective being to localise the supply of critical hydrocarbon resources, a statement issued on Thursday said.

The Group’s subsidiary, OKTA Exploration & Production Limited, entered the oil and gas sector during the director-general petroleum concession (DGPC) bidding round, held under the ministry of energy, in January 2021. The company won two exploration blocks namely, Block-28 North and D.I….

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