The Pakistan Institute of Nuclear Science and Technology (PINSTECH) and Oil and Gas Development Company Limited (OGDC) signed a contract on Tuesday to strengthen cooperation between the two organisations, including analytical support for OGDC’s lithium extraction initiative.
Deal for lithium extraction initiative
The contract was signed at the OGDC Headquarters in Islamabad. It includes analytical support for OGDC’s lithium extraction initiative.
PINSTECH will provide elemental profiling and radioactive-element analysis services to OGDC under the agreement.
The signing was witnessed by Dr Shakeel Abbas Rofi, Member (Science) of the Pakistan Atomic Energy Commission (PAEC), and Ahmed Hayat Lak, Managing Director and Chief Executive Officer of OGDC.
Dr Qamar-ul-Haque, Director General of PINSTECH, and Ejaz Abbas Rizvi, General Manager of OGDC’s Supply Chain Management Department, signed the contract.
Speaking at the ceremony, Dr Rofi and Mr Lak said the agreement would strengthen cooperation between PINSTECH and OGDC. They said the partnership would bring together the scientific and technical expertise of both organisations.
PINSTECH also gave a presentation on its capabilities in elemental analysis. OGDC presented its work and diversification plans, including its lithium extraction initiative with PINSTECH.
The cooperation will combine PINSTECH’s analytical expertise with OGDC’s experience in the energy sector. The initiative aims to support the development of Pakistan’s local mineral resources and broader national objectives.
‘Discovery of new oil and gas reserves’
OGDC recently announced the discovery of new oil and gas reserves in the Sanghar district of Sindh.
According to official communication shared with the Pakistan Stock Exchange, the discovery was made at the Babi Deep-1 well, where initial production has already commenced.
The newly discovered reserves are estimated to produce around 2,000 barrels of crude oil per day along with approximately 1.1 million cubic feet of natural gas daily, marking a significant boost to Pakistan’s domestic energy output.
