In a significant boost to the country’s energy sector, multiple gas reserves have been discovered across Pakistan with the support of the Special Investment Facilitation Council (SIFC).
The Oil and Gas Development Company Limited (OGDCL) has successfully discovered new gas reserves in Punjab’s Attock district, with an estimated production capacity of 13.95 million cubic feet per day. This discovery is expected to contribute significantly to meeting the country’s growing energy demands.
Meanwhile, Mari Energies Limited has made two important gas discoveries in the Waziristan block of Khyber Pakhtunkhwa, marking a major step towards Pakistan’s energy self-sufficiency.
Experts believe these reserves will play a crucial role in stabilizing gas supply for industrial and domestic consumers.
In another key development, Pakistan Petroleum Limited (PPL), in collaboration with the Polish Oil and Gas Company, has discovered gas reserves in Sindh’s Dadu district under the Kirthar joint venture.
The find is expected to further strengthen the country’s natural gas supply.
Industry analysts view these discoveries as a positive sign for Pakistan’s energy sector, which has been facing supply shortages in recent years.
The discoveries by PPL, OGDCL, and Mari Energies Limited are anticipated to not only boost industrial growth but also attract further investment in energy exploration.
The SIFC has played a pivotal role in facilitating investment in the energy sector, with initiatives aimed at increasing production and ensuring long-term sustainability. Officials say that these new reserves will help mitigate gas shortages, stabilize prices, and reduce the country’s dependence on costly energy imports.