OGDC continues funding in Reko Diq with $25m quarterly investment

The management of Oil and Gas Development Company Limited (OGDC), Pakistan’s largest E&P, said it continued to ramp up investment in the Reko Diq project, with around $75 million injected during the quarter, of which $25 million represents OGDC’s share, as development work at the mine progresses without delay. This was shared during a corporate briefing session held on February 23, 2026, which was attended by brokerage house Topline Securities, as noted in a report. “Management remains positive on the Reko Diq project, noting that no delays are expected so far as work at the mine is still ongoing,” read the report. Barrick corporate changes won’t affect Reko Diq, says OGDC According to management, approximately $75 million was invested by Pakistan Minerals Private Limited (PMPL) during this quarter, translating into $25 million as OGDC’s share.