Page 32 - Pakistan Oilfield Limited - Annual Report 2022
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PAKISTAN OILFIELDS LIMITED
Pakistan Oilfields Limited -
Oil and Gas Value Chain
The oil and gas The three facets of the value Pakistan Oilfields
value chain starts chain are: Limited
from discovering Upstream sector After conducting seismic
(Exploration, Production) -
fields and ends with include as Exploration and surveys to assess fields having
potential hydrocarbon reserves,
providing products Production companies, wells are then drilled to extract
to end consumers. which are primarily involved Oil & Gas. Main products
extracted by POL include Crude
in identifying and assessing
Different stages potential Oil & Gas producing Oil, Natural Gas and LPG.
include exploration, blocks, drilling exploratory/ Crude oil is stored in storage
development wells &
production, storage, developing infrastructure in tanks and then transported
processing/refining economically viable oil fields to through pipelines and bowzers
to own Khaur Crude Decanting
produce commercial quantities
and marketing. of hydrocarbon. Facility (KCDF) then it is
transported through pipelines
Midstream sector and oil bowzers to Attock
(Transportation and Storage) - Refinery. Some crude from
non-operated JV is transported
primarily involved in through bowzers to other
transportation of hydrocarbons. Refineries. Natural Gas is
The various modes of transmitted through pipelines
transportation include to SNGPL.
pipelines, rail and road
transportation. The LPG supply chain starts
from production of oil and
Downstream sector gas at wells. Some the Gas is
(Refining and Retail Markets) then converted into LPG and
include companies which distributed to end users in LPG
are involved is the process of cylinders.
refining, marketing & selling.
These companies transform &
refine crude oil into a variety
of derivative products such
as liquefied petroleum gas,
gasoline, jet fuel, diesel oil,
other fuel oils etc., which are
in turn, sold to different end-
users.
