Oil and Gas Development Company Limited · Islamabad Pakistan · (Karachi: OGDC)
Company Description
Phone: -51-920-9811
Fax: -51-262-3113
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The corporate name spells out what this company does. Oil & Gas Development Company Limited (or OGDCL) is Pakistan's largest oil and gas exploration and production company. OGDCL's products include gas, crude oil, and LPG. The company's exploration activities are performed both on its own and through joint ventures, some of which the company operates; OGDCL explores both within and outside of Pakistan, as well as offshore. It accounts for 45% of Pakistan's oil reserves and 35% of the country's natural gas reserves. Total proved reserves in 2009 stood at 625 million barrels of oil equivalent. OGDCL was founded by Pakistan's government in 1961. In 2009 the government owned 85% of the company. To read the full description, subscribe now.
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Oil and Gas Development Company Limited Reports
Key Oil and Gas Development Company Limited Financials
| Company Type | Public - Karachi: OGDC Headquarters |
| Fiscal Year-End | June |
| Employees | 1,400 |
Oil and Gas Development Company Limited Executives
45 executives listed for Oil and Gas Development Company Limited's Islamabad Pakistan location.
| Title | Name & Bio | Contact |
| Chairman | Farooq Rehmatullah | |
| Managing Director and CEO | Zahid Hussain | |
| Acting Managing Director, Acting CEO, and Executive Director Security | Shah Alam |
Competition
Competitive Landscape for Oil and Gas Development Company Limited
Demand is driven by US consumption of gas and diesel fuel. The profitability of refineries depends on efficient operations and the best mixture of products. Although there are significant economies of scale in refinery operations, a small refinery can compete effectively with large ones if it's located in a favorable market area, or if it produces specialty products that are in high demand. The industry is highly automated: average annual revenue per worker is over $7 million. To read the full description, subscribe now.Top Oil and Gas Development Company Limited Competitors
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