Massive oil, gas reserves found in Pakistani waters: Report
- Pakistan's Petroleum Division reported potential oil and gas reserves in its territorial waters, but confirmation requires further exploration, according to Geo News sources.
- A geological survey is underway to study data on the reserves, and bidding for exploration will occur in early next year.
- Major discoveries could enhance Pakistan's energy supply and stabilize the economy, as the country spends heavily on petroleum imports.
27 Articles
27 Articles
Poor Pakistan found a big 'treasure' in the sea, will luck change now? There will be a lot of money!
This discovery of poor Pakistan has been completed after three years. Pakistan has discovered this large reserve in partnership with a partner country. It is believed that this could be the fourth largest reserve of petroleum and natural gas in the world.
Pakistan finds oil that may ‘change its destiny’
Pakistan has discovered substantial oil and gas reserves offshore, which could transform its economy. However, the nation’s current economic instability, coupled with the high costs of exploration, poses significant challenges to realising the full potential of these resources.
Geo News
The NewsOil, gas reserves to be confirmed only after exploration: sources
Can't determine reserves' size until discovery of oil, gas: sources.They say data from geological survey is currently being studied.Petroleum Division to conduct bidding in next year's first quarter.ISLAMABAD: As Pakistan looks to...
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Bias Distribution
- 71% of the sources lean Right
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