ISLAMABAD: The experts are evaluating around 26 oil and gas discoveries to determine exact potential of the new finds, which may have over one trillion cubic feet reservoirs, official sources in the Ministry of Petroleum said.
The govt’s efforts to fulfil the growing energy needs, they said, had started yielding results as 67 new oil and gas discoveries had so far been made. Sharing achievements of the govt, they said, a total of 227 wells had been drilled while 46 new exploration licenses were awarded to different oil and gas exploration companies, which was a record performance in the country’s history.
During tenure of the current government, the sources informed that the country had witnessed oil production level exceeding 1,00,000 barrels per day for the first time in its history.
