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68 new proven oil and gas reserves discovered in Pakistan

Discussion in 'Pakistan Economy' started by Shahzaz ud din, May 10, 2018.

  1. Shahzaz ud din

    Shahzaz ud din SENIOR MEMBER

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    68 new proven oil and gas reserves discovered in Pakistan


    [​IMG]

    Oil and gas Exploration and Production Companies have made 101 new discoveries and 944 mmcfd gas added in the system during the last four years.

    According to official sources, sixty-eight discoveries, of 101, added proven reserves of about 5.4 trillion cubic feet of gas, while thirty-three well reserves are yet to be explored.

    Exploration activities registered around eighty percent increase as compared to four years of the previous government.

    Over ten billion dollars foreign investment also poured in the petroleum sector since in 2013, despite low oil price in the international market
     
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  2. Imad.Khan

    Imad.Khan SENIOR MEMBER

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    Where were these discoveries made?
     
  3. tarrar

    tarrar SENIOR MEMBER

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    With these discoveries been made in Pakistan, are they really getting utilised or we will only continue to hear & read “New oil & gas field discovered” & nothing is happening in the end to utilise these findings.