Sat Sep 07 09:29:37 UTC 2024: – Data from a geological survey is being assessed to confirm the discovery of oil and gas reserves in Pakistan’s territorial waters
– Director General (DG) Petroleum Concessions Office to conduct bidding for offshore blocks in the first quarter of next year
– Major oil and gas reserves discovery could boost energy efforts and stabilize the economy
– Pakistan’s oil and gas reserves have seen declines in recent years
– Government plans to auction 20 offshore blocks for exploration to attract companies
– Recent gas discoveries have been made in different regions of the country
– IMF Executive Board expected to approve Pakistan’s loan deal in the next few weeks
– Ministry of Finance hopeful for IMF’s final approval of loan program next month.
Data from geographical survey being assessed: sources on offshore oil, gas reserves
Data from geographical survey being assessed: sources on offshore oil, gas reserves
First Piper 