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Report on Oil and Gas Industry in Pakistan

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Report on Oil and Gas Industry in Pakistan
Report No. 26072-PK

Pakistan: Oil and Gas Sector Review

July 10, 2003

Oil and Gas Policy Division Oil, Gas, Mining and Chemicals Department Private Sector Development and Infrastructure

Document of the World Bank

Currency Equivalents
Currency Unit = Rupees (Rs) Rs. 1.00 = Paisa 100 US$1.00 = Rs. 58.35 * Rs. 1.0 = US$0.017138 Rs. 1,000,000 = US$17,138 *As of December 31, 2002

Measures And Equivalents
1 Kilometer (km) 1 Cubic Meter (m3) 1 Cubic Meter (m3) 1 Thousand Cubic Feet (MCF) 1 Billion Cubic Feet (bcf) 1 Million Cubic Feet (MMCF) 1 Million Cubic Feet (MMCF) 1 Mega Joule (MJ) 1,000,000 Joules 1 Kilocalorie (kcal) 1 barrel (bbl) 1 Cubic Meter 1 Ton 1 Kilogram (kg) 1 MMT = = = = = = = = = = = = = = = 1,000 meters = 0.6214 miles (mi) 1,000 liter 35.33 cubic feet 28.30 m3 28.30 million m3 1.081 GigaJoules (GJ) 1. 025 billion British Thermal Unit (billion BTU) 1 million Joules 948 BTU 3.97 BTU 159 liter 6.29 bbl 1,000 Kilogram (kg) 2.2046 pounds (lb) 1 million ton

Abbreviations and Acronyms
ADB AG AJK ARL C&F CIDA CIF CIM CNG COS DGG DGO DGPC DWT E&P EIA EPA FATA FO FOB FOTCO FSU GDS Asian Development Bank Arab Gulf Azad Jammu & Kashmir Attock Refinery Limited Cost and Freight Canadian International Development Agency Cost, Insurance, and Freight Central Inspectorate of Mines Compressed Natural Gas Cost of Service Directorate General Gas Directorate General Oil Directorate General Petroleum Concession Dead Weight Tons Exploration and Production Environmental Impact Assessment Environmental Protection Agency Federally Administered Tribal Areas Fuel Oil Freight on Board Fauji Oil Terminal Company Former Soviet Union Gas Development Surcharge

iii

GoP GPA GSA GST HOBC HSD HSFO IMF IOC IPP IPP KAPCO KESC KMK KPC KPT LDO LNG LPG LSFO MCA MFM MGCL MJPP MMBUTU MMCFD MMCFT MPNR MS MTJPP NEQS NGRA NLC NRL NTC NWFP O&M OCAC OECD OGDCL OGRA OMC PARCO PCA PDM PEPA PEPP PEPP PIHS PMY PNSC POL

Government of Pakistan Gas Purchase Agreement Gas

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