Pakistan Oil Gas Discovery: Crude Oil And Gas Found In Pakistan Economic Crisis – 2024-07-20 04:08:42

by times news cr

2024-07-20 04:08:42
Islamabad: Pakistan is struggling with its economic problems today. People in Pakistan are constantly protesting against inflation. Meanwhile, Pakistan has found a big treasure. Pakistan Oilfields Limited (POL) has announced the discovery of a large reserve of oil and gas in the Ikhlas block located in Attock district. This discovery can bring significant changes in Pakistan’s energy sector. This discovery was made in the Jhandiyal-03 well, which was dug to a depth of 17,778 feet. This well has revealed substantial reserves of hydrocarbons. POL is planning to speed up the production process with this new discovery. The goal is to connect it to the operational network in a few weeks. POL explores and develops new energy resources within Pakistan. With this new discovery, it is expected that Pakistan’s dependence on imported oil and gas will be reduced. This discovery promises to contribute to meeting Pakistan’s energy needs. A major import of Pakistan is crude oil.

Gas has already been received

In December last year, oil and gas reserves were discovered in Pakistan. Pakistan’s government company Oil and Gas Development Company Limited (OGDCL) had informed about the discovery of gas and condensate in Sindh. The well was dug to a depth of 2081 meters. At the same time, protests against inflation have been seen continuously in Pakistan. Earlier this month, hundreds of people marched with placards in the central commercial district of Islamabad. During this, slogans related to taxing the rich and reducing taxes on salaried people were raised.

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