Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Vast reserves of oil and gas discovered in Tando Muhammad Khan: Khaqan

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Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi has said vast reserves of oil and gas has been discovered in Tando Muhammad Khan.

Addressing a news conference in Islamabad, he said 24 million cubic feet of high quality gas per day is being extracted from different well sites across Pakistan. He mentioned that, 765 barrel crude oil per day is also being produced from these wells.

Highlighting the discoveries, he mentioned that during the tenure of the incumbent government 101 oil and gas discoveries have been made. This has all been done in an effort to lessen Pakistan’s energy requirements dependence upon different countries and increasing here independence in the energy sector.

He said that reserves attributed to the new geographic sites are based on 68 discoveries and remaining 33 discoveries are under evaluation in different parts of the country.

The Minister said that the country is marching towards sustainable development in the energy sector and is trying to decrease Pakistan’s independence over energy imports. 

Posted on: 2017-07-18T10:03:00+05:00