ISLAMABAD – A recent report has suggested that Pakistan’s gas reserves willrun out within two decades.
A Petroleum Ministry’s report has revealed that the country’s largest gasreservoir, Sui, is rapidly depleting and might end completely in the next19 years.
The report reveals that the natural gas reserves were at 67 billion cubicfeet when first discovered in 1952. It was said that this will cover thecountry’s need for at least two centuries.
However, due to an exponential rise in population, the country has alreadyconsumed 39.750 billion, while only 21.445 billion cubic feet of gas isleft for further use. The authorities believe that it will hardly last foranother 19 years at the current consumption rate.
Read Top Stories
The report mentioned that 80 of the wells have already dried out whileanother 100 wells are going to dry out in the coming years.
The report urged the government to issue exploration licenses across thecountry as soon as possible to avoid the gas crisis. It feared that thecountry might have to rely on imports if new resources are not discovered.
