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Page added on June 13, 2017

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Oil, Gas discovered in southern Pakistan

Geology

Pakistani petroleum minister said that there have been five oil and gas discoveries in southern Sindh province of the country.

Shahid Khaqan Abbasi making the announcement at a press conference on Monday said these would lead to addition of 600 barrels per day of oil and 70 million cubic feet of gas.

He said overall there have been 98 oil and gas discoveries during tenure of the incumbent government and so far 944 million cubic feet of gas has been added to the system.

The Minister, however, pointed out that the actual addition is minimal because of depletion of gas fields during the same period.

He said addition of 70 million cubic feet of gas per day means a saving of 150 million dollar a year in the import of LNG.

Pakistan is suffering from severe energy shortage and it is among oil and gas importing countries.

zawya



4 Comments on "Oil, Gas discovered in southern Pakistan"

  1. coffeeguyzz on Tue, 13th Jun 2017 9:06 am 

    I was involved in some offshore wildcat work off Pakistan in the mid 70’s.
    Word was that hydrocarbons, at least gas, existed but probably not in large amounts.

    Unbelievably challenging environment in which to conduct large, cutting edge industrial operations back then.

  2. Go Speed Racer on Tue, 13th Jun 2017 10:47 am 

    Oil found in Krapistan? Who woulda thunk it.

  3. makati1 on Tue, 13th Jun 2017 5:41 pm 

    Interesting! Maybe this makes more sense now: “The ambitious project of the China-Pakistan Economic Corridor (CPEC), which has been repeatedly discussed in NEO, is gradually moving to the center stage … In India, apparently, it is believed that the future “corridor” will be protected not only by Pakistani but also by Chinese troops. This fact will make the prospects of hypothetical “reunification” of Kashmir under Indian control nothing but a dream.”

    http://journal-neo.org/2017/05/19/the-cpec-factor-in-the-chinese-indian-relations/

    China is moving forward one country at a time using money, not bombs, to build a trade empire.

  4. peakyeast on Wed, 14th Jun 2017 8:42 am 

    Eventually their discoveries will be limited to parking lots where old leaking cars were placed or “the old paved roads resouce”. And they will still hail these finds as significant.

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