OGDCL collaborates with IPRI for Endowment Chair Economic Security

02:31 PM | 25 May, 2024
OGDCL collaborates with IPRI for Endowment Chair Economic Security

ISLAMABAD - Oil and Gas Development Company Limited (OGDCL) on Friday entered into a collaboration with Islamabad Policy Research Institute (IPRI) for an Endowment of Economic Security Chair.

The kick-off ceremony was graced by the Chairman Board of OGDCL and CEO of Bank of Punjab, Zafar Masud; MD/CEO of OGDCL, Ahmed Hayat Lak, and senior officials of the industry.

The Endowment of Economic Security Chair at IPRI is for a period of three years, and it will be known as ‘OGDCL- IPRI Chair.’ This collaboration is a classic example of interaction between the corporate sector and academia.

The research portfolio will be spread over the themes of Circular Economy and Green Entrepreneurship in Pakistan; De-carbonization of Oil and Gas value chains; Environmental Social Governance: New Age of Corporate Governance in Pakistan; Economic Viability of Renewable Energy Alternatives in Oil-Dependent Economies; Economic Implications of Shale Gas Development; and Exploration & Production (EP), Climate Change, Inflationary trends and mining.

Speaking on the occasion, Chairman OGDCL urged IPRI to research and make recommendations to achieve the much needed import indigenisation in energy sector.

He also emphasised to look towards reforms to attract investment in E&P and Mining sectors, including establishment of exclusive regulatory bodies and alternate dispute resolution centres.
The role of OGDCL in terms of green financing was also underscored, and the appropriate use of Artificial Intelligence was highlighted.

Daily Pakistan Global Web Desk


Currency Rates in Pakistan - PKR to US Dollar, Euro, Pound, Dirham, Riyal - 20 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 20, 2024 (Thursday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.50 for buying and 280.65 for selling.

Euro's buying rate stands at 296 and selling rate is 299 while British Pound rate is 349.7 for buying, and 353.25 for selling.

UAE Dirham AED was at 74.80 and Saudi Riyal at 72.80.

Forex Rates

Currency Symbol Buying Selling
US Dollar USD 277.50 280.65
Euro EUR 296.00 299.00
UK Pound Sterling GBP 349.70 353.25
U.A.E Dirham AED 74.80 75.60
Saudi Riyal SAR 72.80 73.55
Australian Dollar AUD 182.00 184.00
Bahrain Dinar BHD 741.18 749.18
Canadian Dollar CAD 204.00 206.00
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.18 40.58
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 909.34 909.34
Malaysian Ringgit MYR 59.30 59.90
New Zealand Dollar NZD 170.79 172.79
Norwegian Krone NOK 25.97 26.27
Omani Riyal OMR 723.88 731.88
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203.65 205.65
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 311.90 314.40
Thai Baht THB 7.58 7.73


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