OGDC Reports Record Profit: Oil & Gas Development Company Limited (OGDC) announced a significant profit of Rs73.019 billion for the half-year ending December 31, 2025. This achievement was largely attributed to increased gas prices, despite challenges from production curtailments by Sui Northern Gas Pipelines and Uch Power due to system constraints.
The company’s board of directors, in a meeting on February 23, 2026, declared a second interim cash dividend of Rs4.25 per share, marking the highest-ever second quarterly dividend in OGDC’s history. The cumulative interim dividend for the half-year reached Rs7.75 per share.
Despite lower crude oil basket prices and production volumes, OGDC’s revenue was bolstered by favorable exchange rate movements and higher realized gas prices. The company contributed Rs120 billion to the national exchequer through taxes and levies, while generating foreign exchange savings of approximately $1.4 billion through import substitution.
OGDC’s exploration efforts yielded four new oil and gas discoveries, and the company secured petroleum exploration rights over eight offshore blocks in the October 2025 bidding round. The Jhal Magsi project was commissioned, producing 14 mmcfd of gas, and the Dakhni Compression Project was completed ahead of schedule.
As OGDC continues to expand its resource base, the outlook remains positive with ongoing development projects and improved collections. The company’s strategic initiatives are expected to further enhance its contribution to Pakistan’s energy sector.
Published in SouthAsianDesk, February 25th, 2026
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