What happened to the valuable reserves of oil and gas found in Pakistan? How far is it from the treasury…. When will the fate of Pakistan turn around?

Pakistan oil reserves: Three months ago, a news from Pakistan attracted the attention of the whole world. There was news that oil and gas deposits were found in Pakistan’s marine area. This neighboring country of India was trying to find Aladdin’s lamp for 3 years with the aim of getting rid of its poverty. As soon as this news came, the world felt that Pakistan had got that clue. There was a wave of happiness on Pakistan’s social media. Now three months have passed and no new information has come out. What happened to that oil reservoir? Has Pakistan started extracting oil and gas? Or has a new problem arisen? Let’s find out.

Recently, the Prime Minister of Pakistan Shahbaz Sharif has asked his navy to dig this treasure. Sharif has said that the use of natural resources found under water should be started for the economic progress of the country. Pakistan desperately needs these natural resources to overcome its economic crisis, increase its energy production and strengthen its mining and industrial sectors.

Chinese companies will take out…
Speaking at the 7th Maritime Security Program held at the Pakistan Navy War College in Lahore, Pakistan Prime Minister Shahbaz Sharif said that the Pakistan Navy is exploring natural resources with the help of Chinese companies. “A few days ago I received a message from our great friend China that they are ready to send another delegation to promote the discovery of valuable resources hidden in deep waters,” he said. He urged the Pakistan Navy chief to focus on the utilization of these resources and offered his full assistance in this regard.

‘A few days ago I received a message from our great friend China that they are ready to send another delegation to promote the discovery of valuable resources hidden in deep waters’. – Shahbaz Sharif, Prime Minister of Pakistan

In September, Pakistan hosted an international maritime exhibition in Islamabad, where maritime experts called on the government to boost the Blue Economy to $100 billion. During this exhibition, the panelists advised the Pakistani government to work towards increasing its participation in the global blue economy. The blue economy means the sustainable use of resources found in the ocean, which has a positive impact on people’s lives.

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It will take 4-5 years to extract oil or gas….
A report from Pakistan has said that it will cost about 42 thousand crore rupees to complete the research related to this oil and gas reservoir. If the discovery is successful, more money will be needed to build wells and other infrastructure to extract the oil and gas. If all goes well, it will take 4-5 years to extract these resources from the sea. Mohammad Arif, a former member of Pakistan’s Oil and Gas Regulatory Authority, is not yet confident that Pakistan will be able to use it.

This oil and gas reservoir has been found after 3 years of exploration, but there is no 100 percent guarantee that this reservoir will be exploited – Mohammad Arif, former member of the Oil and Gas Regulatory Authority

What do Pakistan’s experts say?
When the news spread in Pakistan that it had found an underwater mineral mine, many people claimed that nature had been so kind to Pakistan that she had given it Asia’s largest source of natural energy. has given But experts completely rejected it. Experts said that it is true that oil and gas deposits have been found, but it cannot be said that it is the largest deposit in Asia.

Capt (Retd) Shahbaz Tahir Nadeem, spokesman for the Ministry of Energy’s Petroleum Division, told Pakistan’s news channel Geo that so far his ministry has not released any official statement or figures that it is the largest reserve.

Need to research in depth…
Ahmad Hayat Lak, managing director of Pakistan’s Oil and Gas Development Company Limited, said there were indications of hydrocarbon systems near Pakistan’s coast, but more in-depth research and drilling would be needed to confirm this.

“To reach a firm conclusion, we will need to conduct additional 2D seismic surveys and 3D seismic surveys in some areas, after which wells will be drilled,” he said. Until we complete this research program according to industry standards, it would be premature to make any claims