Pakistan has produced a record high 100,000 barrels per day (bpd) of crude oil recently after oil and gas exploration companies expedited efforts to find new deposits of hydrocarbons to increase their share in local consumption.“Oil production is meeting 20 per cent of local demand,” said Shahid Khaqan Abbasi, Federal Minister for Petroleum and Natural Resources. The remainder 80% demand is met through imported crude oil and finished petroleum products.
