Pakistan Discovers Multiple Gas Reserves, Boosting Energy Sector and Ensuring Self-Sufficiency

In a promising development for Pakistan’s energy future, multiple new gas reserves have been discovered across the country, marking a significant step towards energy self-sufficiency. These discoveries, facilitated by the Special Investment Facilitation Council (SIFC), are expected to strengthen the country’s natural gas supply, meeting both industrial and domestic demands.

The Oil and Gas Development Company Limited (OGDCL) has announced the successful discovery of new gas reserves in Attock district, Punjab. With an estimated production capacity of 13.95 million cubic feet per day, this find is expected to contribute significantly to Pakistan’s energy supply, helping reduce reliance on imported energy resources.

Meanwhile, Mari Energies Limited has made two major gas discoveries in the Waziristan block of Khyber Pakhtunkhwa. These reserves are seen as a critical step toward achieving energy independence, further reducing Pakistan’s dependence on external energy sources.

In another important development, Pakistan Petroleum Limited (PPL), in collaboration with Poland’s Oil and Gas Company, has uncovered additional gas reserves in Dadu district, Sindh, under the Kirthar joint venture. This discovery is set to further bolster Pakistan’s natural gas supply, ensuring a steady energy flow for years to come.

Experts are optimistic about the potential of these new reserves to stabilize the country’s gas supply. They believe these reserves will play a crucial role in meeting Pakistan’s growing energy needs, addressing supply shortages, and helping stabilize energy prices across the country.

These discoveries also hold the potential to attract further investment in Pakistan’s energy sector, which has faced challenges in recent years due to insufficient domestic production. The successful exploration efforts by OGDCL, Mari Energies, and PPL are expected to encourage foreign and domestic investors to explore more energy projects in Pakistan.

The Special Investment Facilitation Council (SIFC) has played a pivotal role in facilitating these discoveries, providing the necessary support to energy companies for effective exploration. According to officials, these gas reserves will contribute to long-term energy sustainability, mitigate the current gas shortages, and ensure the stability of energy prices in Pakistan.

The Pakistani government aims to utilize these reserves to promote industrial growth and reduce reliance on costly energy imports. This move is being seen as a crucial step toward achieving energy independence and fostering economic growth in the country.