PM hints at discovery of Asia’s largest oil and gas reserves in Karachi

News Image

MG News | March 25, 2019 at 05:46 PM GMT+05:00

0:00

March 25, 2019: Prime Minister Imran Khan on Monday hinted towards a possible discovery of Asia’s largest oil and gas reserves in Karachi’s offshore waters. He backed this statement by announcing that the nation would be hearing a ‘major news’ within the next three weeks.

“Just pray that our hopes and expectations from the offshore drilling being carried out by ExxonMobil-led consortium prove to be true” he said.  

The PM said that if the offshore exploration process turns out to be successful, it could bring about an enormous change in Pakistan’s fortunes.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,085.58
225.68M
0.48%
802.03
ALLSHR 101,220.72
685.91M
0.47%
477.65
KSE30 50,772.02
134.57M
0.57%
290.16
KMI30 239,923.35
145.03M
0.77%
1831.31
KMIALLSHR 66,042.80
345.76M
0.65%
425.34
BKTi 45,106.39
29.18M
0.06%
24.91
OGTi 33,583.05
26.44M
1.52%
502.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,425.00 92,995.00
88,405.00
-3415.00
-3.68%
BRENT CRUDE 63.86 64.09
63.06
0.60
0.95%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
0.10
0.11%
ROTTERDAM COAL MONTHLY 97.25 97.25
97.25
0.05
0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 60.14 60.50
59.42
0.47
0.79%
SUGAR #11 WORLD 14.82 15.02
14.73
-0.06
-0.40%

Chart of the Day


Latest News
December 06, 2025 at 11:55 PM GMT+05:00

GCC–Pakistan FTA dominates Doha forum


December 06, 2025 at 11:17 PM GMT+05:00

Binance Boss lands in Islamabad for Crypto rule talks


December 06, 2025 at 09:58 PM GMT+05:00

ADB sanctions $381m for Punjab reforms


December 06, 2025 at 03:31 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


December 05, 2025 at 04:59 PM GMT+05:00

PSX Closing Bell: Gradual Gains



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg