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Pakistan starts oil and gas exploration from Karachi – Big News expected

 

  • Pakistan has started the exploration of massive reserves of oil and gas
  • Exploration work at the Karachi port
  • Prime Minister assured safe and free business operations
  • Exxon Mobil and ENI resumed operations in Pakistan after 27 years
  • Government is hopeful for a global discovery
Pakistan starts oil and gas exploration from Karachi – Big News expected

The PTI government has officially started the exploration of oil and gas reserves in the country.

This announcement about oil and gas reserves is made by Federal Minister for Maritime Affairs Ali Haider Zaidi on his official Twitter account. As he breaks the news of the beginning of exploration for oil and gas.

The largest oil & gas company to start its operation in Pakistan:

As the largest oil and gas company is coming back to Pakistan after almost three decades, the federal Minister wrote it as a great foreign direct investment to Pakistan.

Efforts by ExxonMobil to start its operation in Pakistan:

During this year, ExxonMobil has been taking major steps to resume its operations in the Pakistani market. It has acquired a 25% stake in offshore drilling.

Also in the collaboration with Energas, the company is planning to build Pakistan’s third import liquefied natural gas (LNG) terminal in.

Exploration work at the Karachi port:

The Maritime Minster Ali Haider Zaidi shared pictures exploration work activities at the Karachi port. The minister also posted a picture of ships anchored at the port.

 


The Minister urged the people to pray for a global discovery. He hoped that there would be big news.

He wished best to the companies who are undertaking the drilling; the ExxonMobil and ENI. “Let’s pray together for a global discovery,” he said.

Also Check: Top 7 Economic Steps By PTI Government That Shaped Pakistan’s Future

Company giving project details to PM Khan:

On 28th November, a delegation from the ExxonMobil called on Prime Minister Imran Khan at the PM House and informed him of projects.

In his recent speech, Prime Minister Imran Khan said that natural resources Pakistan can explore in the coming days with the help of some international companies.

Concerning gas shortages, PM Khan revealed that an exploration company has undertaken offshore drilling in Pakistan.

He said that these companies could provide be huge gas reserves that would be sufficient to meet Pakistan’ gas demands for the next 50 years.

pakistan-starts-oil-and-gas-exploration-from-karachi-big-news-expected
Pakistan starts oil and gas exploration from Karachi – Big News expected

PM assuring safe and free business operations:

The Prime Minister has acknowledged the company’s interest in investing in the Pakistani market and assured free and safe business operations in Pakistan.

He welcomed the recommencement of Exxon Mobil operations in Pakistan.

For deep sea exploration of oil and gas, supply vessels have reached Karachi Port Trust. The biggest oil and gas company in the US; ExxonMobil resumed its operation in Pakistan after 27 years.

Following this announcement, many social media users extended best wishes at the launch of mega drilling.

Here is how the public has reacted:

 

 

 

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Source: The News

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