The Pe­tro­leum Ex­plo­ration and Pro­duc­tion Pol­icy 2011 is struc­tured in six sec­tions:

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• Li­cens­ing Process; • Ex­plo­ration and Pro­duc­tion Regimes; • Reg­u­la­tory Process and Obli­ga­tions; • Pric­ing and In­cen­tives for Pe­tro­leum Ex­plo­ration &

Pro­duc­tion; • Im­ple­men­ta­tion and Re­moval of Dif­fi­cul­ties; • Con­ver­sion to 2011 Pol­icy.

This pol­icy has in­cor­po­rated the sig­nif­i­cant achieve­ments of the Pak­istani pe­tro­leum in­dus­try with es­tab­lished good in­ter­na­tional oil­field prac­tices. The pol­icy will be en­hanced by DGPC’S con­tin­ued ac­tive sup­port of: 1. The im­ple­men­ta­tion of best prac­tices for as­sess­ing

pe­tro­leum projects and ef­fi­cient reg­u­la­tory process. 2. Vig­or­ously pro­mot­ing ex­plo­ration and pro­duc­tion in­vest­ment op­por­tu­ni­ties within Pak­istan to both the do­mes­tic and the in­ter­na­tional pe­tro­leum in­dus­try. 3. Vig­or­ously pro­mote the ac­cess to and sale of pub­lic do­main up­stream ge­o­log­i­cal and en­gi­neer­ing data sets both in Pak­istan and abroad.

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