OGDCL clarifies shale gas discovery

KARACHI: Oil and Gas Development Company Limited (OGDCL) on Monday clarified media reports regarding huge discovery of shale gas in Sindh.

In a notice to Pakistan Stock Exchange (PSX) and London Stock Exchange (LSE) the OGDCL said that some media had reported huge discovery of shale gas in Sindh, which was factually incorrect.

The company said the shale gas was in pilot project and drilling might be part of it and would be done in future date.

The company further said any information in this regard will be shared through PSX and LSE.

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