Islamabad: The Special Investment Facilitation Council is playing a pivotal role in advancing Pakistan’s oil and gas sector, as the nation seeks to achieve energy self-sufficiency amidst ongoing tensions in the Middle East. With a focus on increasing domestic production, Pakistan has outlined a strategy aimed at attaining energy autonomy.

According to Radio Pakistan, the Oil and Gas Development Company Limited (OGDCL) is implementing measures to enhance local production capabilities. The company has set ambitious targets, including a five percent increase in natural gas output to 865 million cubic feet per day. Additionally, OGDCL aims to boost crude oil production by fourteen percent, aspiring to reach 40,000 barrels per day.

In response to global market uncertainties, OGDCL is exploring the greater utilization of local resources to bolster energy security. Energy expert Muhammad Arif noted that the current economic crisis has increased the reliance on national oil companies, which could help reduce oil and gas imports.