Vikrant Shekhawat : Sep 07, 2024, 07:40 PM
Pakistan News: A huge petroleum and natural gas reserve has recently been found in Pakistan's maritime border, which could change the country's fortunes. According to a report by Dawn News TV, the reserve has been identified after three years of surveys, which included assistance from a friendly country. The Geographic Survey has confirmed the location of the reserves.The Pakistan government has been informed about this important discovery and bidding and research proposals are under study. Estimated, this reserve could be the fourth largest in the world. Although it may take several years to drill wells and produce, the discovery could play an important role in improving Pakistan's economic condition.The official said that bidding and exploration proposals are being studied to benefit from these resources, which means that exploration work can be started in the near future. He said, however, it may take several years to drill wells and actually extract oil.The official said that taking initiative in this regard and completing the work quickly could help change the country's economic fortunes.Some estimates suggest that the discovery is the fourth largest oil and gas reserve in the world.