Pakistan Have 2.3 Trillion Barrels of Oil Reserves

Pakistan has massive deposits of 10,159 trillion cubic feet (tcf) of shale gas and 2.3 trillion barrels of oil – estimates that are several times higher than figures given by the US Energy Information Administration (EIA), reveals a study conducted with the help of US Agency for International Development (USAID).

EIA had reported in April 2011 that 206 tcf of shale gas was present in the lower Indus Basin, of which 51 tcf were technically recoverable. Pakistan must focus on local production of oil and gas reserves to grow fast in the market and export oil and gas to other countries. Current government must focus on local oil reserves.

Pakistan Have 2.3 Trillion Barrels of Oil Reserves

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