Oil & Gas Development Co Ltd - Company Profile
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Oil & Gas Development Co Ltd (OGDCL) is an integrated upstream oil and gas company. Integrated upstream operations, a large asset base, and increase in working capital strengthened the company’s operations, even as overdependence on a limited number of customers is a cause for concern. Strategic agreements, increasing demand for oil and consumption of liquid fuels globally could provide ample growth opportunities to OGDCL. However, fluctuating oil and gas prices, competition and exploration, production and development risks could affect its operations.
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