EXPLORATION

Official: Only 3% of oil, 15% of gas in Pakistan has been discovered

Pakistans Additional Secretary and Director General Petroleum Ministry of Petroleum, G.A. Sabri, ...

With these facts in mind, Sabri feels that Pakistan untapped should be and will be exploited. According to Sabri, “To date only 0.8 billion [barrels of oil] and 42 trillion cubic feet gas [have] been discovered. [I vow] to accelerate the exploration process of [the] 97% untapped oil and 85% yet to be discovered gas potentials.”

Sabri also revealed that Total and Shell would soon begin explorations in Pakistan within the next two years and that the Indus Basin is the area with a high potential for lucrative oil and gas yield.

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