Pakistan’s Oil Reserves Rise for First Time Since 2020

In a landmark development for Pakistan’s energy sector, the country has recorded a significant increase in its oil and gas reserves—the first such boost since 2020. A recent report confirms that oil reserves have surged from 193 million barrels to 238 million barrels, reflecting a renewed momentum in energy exploration.

This breakthrough has been made possible by the Special Investment Facilitation Council (SIFC), which has been instrumental in streamlining energy initiatives, attracting local investment, and expediting exploration projects across Pakistan. The increase comes as the country aims to address long-standing energy shortages and reduce its dependence on costly fuel imports. Authorities are optimistic that this momentum will continue, paving the way for a more energy-secure future.