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Pakistan consumed 80% of its Natural Oil - Gas Reserves

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Pakistan probably has more gas and oil but not discovered and no chance it will be developed either. This is because gas at the very least is priced so low so as to make the discovery and development of it unprofitable.

Increase the price you pay for local gas, and this will solve at least gas problem.
 
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Pakistan probably has more gas and oil but not discovered and no chance it will be developed either. This is because gas at the very least is priced so low so as to make the discovery and development of it unprofitable.

Increase the price you pay for local gas, and this will solve at least gas problem.
I remember ex pres musharaff saying the same thing
 
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But weren't there threads on PDF not that long ago boasting of Pakistan's untapped shale oil (ang gas) reserves?
like we have been boasting in our school book that balochistan is full of minerla due to which world is against pakistan thats why we have this situation in balochistan
 
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Are these statements being made to prepare populace for incoming oil and gas rationing ? How about closing those CNG stations ?
 
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Title of this news is bit misleading. It should read like this: 'Country has consumed 79.8% of the KNOWN oil reserves and 66.6% of the KNOWN gas reserves'.

Government of Pakistan did not allocate any land for exploration of oil and gas between 2013 and 2018. As a result no new oil fields were discovered during that period of time. So the oil fields which were discovered prior to 2013 are now depleting.

Now the same policies of 2013 - 2018 are back ......... rejoice everyone.
 
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Everyone enjoyed cheap gas prices for years not just that instead using cheap gas as an incentive for industry we used in our cars for years so why cry now suffer the consequences
 
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But weren't there threads on PDF not that long ago boasting of Pakistan's untapped shale oil (ang gas) reserves?
still true. pakistan hasnt tapped into any shale oil/gas reserves.
 
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like we have been boasting in our school book that balochistan is full of minerla due to which world is against pakistan thats why we have this situation in balochistan

There are threads boasting of those mountains of gold and copper including Reko Dik even now on PDF.

That is why we also have a "situation" on PDF these days too. :D

still true. pakistan hasnt tapped into any shale oil/gas reserves.

Then the topic of this thread should be made pointless. If those tales are true.
 
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@VCheng sb

There are threads boasting of those mountains of gold and copper including Reko Dik

You missed the Thar coal fields which as per my dear friend Brofessor sb are bigger than KSA's oil fields.

Regards
 
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There are threads boasting of those mountains of gold and copper including Reko Dik even now on PDF.

That is why we also have a "situation" on PDF these days too. :D



Then the topic of this thread should be made pointless. If those tales are true.

@VCheng sb

There are threads boasting of those mountains of gold and copper including Reko Dik

You missed the Thar coal fields which as per my dear friend Brofessor sb are bigger than KSA's oil fields.

Regards
 
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