ISLAMABAD – Pakistan’s expected discovery of huge oil reserves is locatedclose to the Iran border located 230km of Karachi’s offshore, an officialclose to the information has told an international news publication.
Speaking to *Gulf News, *a source revealed on the condition of anonymitythat while the exact size of the reserves remains to be unknown, it isexpected that it will be big enough to accommodate Pakistan’s oil needs.The senior official further further said that the initial indicationssuggest that Pakistan may become an oil exporting country in the future.
Without sharing much details, Prime Minister Imran Khan has already toldthe nation about the forthcoming ‘good news’ that Pakistan is expected tofind the oil reserves in coming three weeks. He said that if the reservesare found, then the nation might not even be in need of importing oil.
“We are hopeful of finding large reserves of gas and oil in the sea nearKarachi. The nation should pray for this and I will soon share good newsregarding this. God willing the reserves will be so large that we will notneed to import any oil,” the premier said last Monday.
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Since January this year, oil giant Exxon Mobil and Italy’s ENI have beendrilling an ultra-deep oil well, local media reported. If Pakistan doesdiscover the massive oil and gas reserves, not only will it help the nationto tackle its economic problems, but the Gulf countries, all of South Asiaas well as China will benefit from it.
