New oil reserves discovered in Punjab, Pakistan

New oil reserves discovered in Punjab, Pakistan
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*GUJAR KHAN: Mari Petroleum Company Limited (MPCL) has made an oil discovery near Gujar Khan in Rawalpindi District, Radio Pakistan reported.*

According to the spokesperson of the company, it is the second consecutive discovery in Ghauri Block, which is expected to provide 372 barrels of crude oil on daily basis.

The spokesperson added that the latest discovery will help cope with the energy crisis in the country.

Recently, sources reported on April 10 that the Eni led drilling for exploration of oil and gas reserves in Pakistani waters achieved a major success.

The drilling work of Kekra-I project has reached to 5000 meters depth and nearing end to its target of 5800 meters, sources said.

Lately, an international energy research agency, Rystad Energy, in a report said that the Eni’s Kekra project for oil and gas reserves in Pakistani waters is among three highly prospective wells in the world

Economy