Economic Review

Quarterly journal provides articles, index and abstracts on financial institutions and markets, economic forecasting, macroeconomics, monetary policy, payment systems and international and regional economics.

Articles from Vol. 29, No. 3, March

A New Era in the History of Kuwait's Oil Industry
Establishment of Kuwait Petroleum Corporation, through an Amiri decree in 1980, heralded the beginning of a new era in the history of Kuwait's oil industry. By virtue of this decree, Kuwait Petroleum Corporation (KPC) was set up in January 1980 to bring...
Burshane (Pakistan) Limited
Indigenous production from Meyal and Dhurnal, the fields which supply Burshane, is fast depleting. To prepare company's for the large business challenges in the future, a number of initiatives in business re-engineering, restructuring, training and development...
Downward Swing
Stock market continued to slide downward. The general index compiled by the KSE lost 85.83 points on March 23, 1998 and stood at 1564.48 as compared to 1650.31 on Feb. 23, 1998. Aggregate market value of share prices was reduced by Rs.59.580 billion...
ENAR Petrotech Services (Pvt) Ltd
- A profile Background and Objective ENAR Petrotech Services (Pvt) Ltd. (ENAR) was formed in 1972 as a Division of National Refinery Ltd. (NRL). In July 1974 this Division was converted into a Private Limited Company and registered under Companies...
Gas as Substitute of Oil
Referring to oil, Prime Minister said, a total of 600 million barrels oil reserves had been proven to exist in the country although the potential was considered much higher. "The presently remaining reserves of oil are only about 200 million barrels....
Gas Finds Will Ad 4 Tcf
As a major new policy initiative, the old formula of guaranteed rate of return to new refineries has been replaced by a market related commercial formula. This has also been offered with 1997 Petroleum Policy. A number of refinery proposals which were...
Haroon Oils Limited
The total quantity of Lubricants sold by Haroon Oils Limited was 8,389 metric tons against 8,064.6 metric tons manufactured during the year under review, The company contributed an amount of Rs.157.65 million to the National Exchequer. Sales during the...
Mari Gas Field
Company Profile The Mari Gas Field is located in eastern portion of Central Pakistan, approximately 270 miles North East of Karachi. ESSO Eastern Incorporated (EEI) discovered Mari Field in 1957 with the drilling of Mari X-1. The gas was encountered...
Mathtech
Mathtech Pakistan is a member of the US-based Mathtech Holding Corporation which has a 38 years tradition of providing quality service to government, commercial and noncommercial clients around the world. Building upon the experience of its core professionals...
National Refinery Limited
The company made an investment of Rs.689.63 million on Energy Conservation Project during the last five years. The company is also installing additional tankage of 45,000 tons Crude Oil capacity to achieve Crude Oil inventory level upto 22 days. The...
Nuricon Union PTE Limited
Nuricon Union (PTE) Limited incorporated in 1975, is Pakistan's leading energy supply and service company with the mission to provide comprehensive service to Pakistan's Energy Industry. It represents "Top of the line" accounts and helps them develop...
Oil and Gas Discoveries
There were 10 oil and gas discoveries in recent years so far of which five are gas, 4 oil and 1 gas condensate. Most of these discoveries are in the southern districts on Indus basin. These discoveries are now being appraised for confirmation of reserves...
PAI: Another Unholy Alliance
The alliance though does not have anything in its fold to deliver to the common man on the street but it has the potentials of heating the atmosphere and destabilising the power structure. Another unholy alliance, Pakistan Awami Ittehad (PAI) has been...
Pakistan Oilfields Limited
Pakistan Oilfields Ltd. (POL) promoted by Attock Oil Co. Ltd. (AOC) was incorporated on June 25, 1950 as a Pakistani oil exploration and production company, subsequent to the promulgation of the Pakistan Petroleum and Production Rules 1949. The Attock...
Pakistan Petroleum Limited
- A Profile Pakistan Petroleum Limited (PPL) was incorporated on 5 June, 1950 subsequent to the promulgation of the Pakistan Petroleum Production Rules, 1949, with the main objective of conducting exploration, development and production of petroleum...
Petroleum Policy - 1997
Pakistan's indigenous supply of oil of around 60,000 barrels per day meets only about one-sixth of the country's current oil requirement and the balance is met through imports at a high cost of US$2.5 billion. This cost will continue to increase unless...
Refining Opportunities in Pakistan
Demographic trends, economic growth and energy efficiency are the three main factors which have a significant influence on energy consumption. The developing countries in contrast to the developed are experiencing a high degree of demographic change....
Second Oil & Gas Summit '98
The three-day summit was held at Islamabad in which over 370 top level representatives from 26 countries participated. The Summit was organised by the London-based "First Conferences" in collaboration with the Ministry of Petroleum and Natural Resources....
Sui Northern Gas Pipelines Limited
The company entered into an agreement with Unocal Central Asia and Delta Oil Company on Sept. 5 for import of 1000 mmcfd gas from Turkmenistan to Pakistan at Multan by December 2001, rising in equal increments over a five year period to a level of 1500...
Unocal Pakistan Limited
Unocal Pakistan Ltd. is a wholly owned subsidiary of Unocal Corporation of the USA. Unocal Corporation is a worldwide producer of oil and gas with major operation in the United States, Thailand and Indonesia. Unocal's worldwide production of crude oil...