June oil reserves decline 17pc to 193m bbl YoY - Business & Finance
KARACHI: The country’s oil reserves declined by 17 percent to stand at 193 million bbl in June 2023 as compared to...
Source: brecorder.com
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Oil, gas reserves to end in 15 years
Hydrocarbon deposits deplete rapidly since no new major discovery made
Source: tribune.com.pk
Chronic energy crisis persists
Chronic energy crisis persists Gas shortfall triggered prolonged CNG fuel crisis for the transport sector and sparked announced and unannounced gas load-shedding in industrial and residential areas. PHOTO: FILE The energy crisis has continued to persist in Pakistan at a time when demand for oil and gas is on a rise following a rebound in industrial production and exports in the middle of the Covid-19 pandemic. “The oil and gas production fell 6% and 4%, respectively, in the second quarter (Oct-Dec) of fiscal year 2021 despite new productions from five oil fields and four gas fields was add...
Source: tribune.com.pk