Pakistan is grappling with a concerning decline in natural gas production, witnessing an annual decrease of 8-9 percent. However, a glimmer of hope has emerged as promising signs point towards the existence of substantial shale gas reservoirs. These optimistic findings stem from the KUC-1 ...

*ISLAMABAD*: The government is in the process of finalising a policy to exploit massive shale gas and oil reserves that were identified after a study completed in collaboration with the USAID some four years ago. “Shale gas policy is being prepared for onward submission and approval of the ...

ISLAMABAD: The Petroleum and Natural Resources Division has invited local and international Exploration and Production (E&P) companies to tap massive shale gas and oil reserves identified in a study carried out in collaboration with USAID.Accordingly, the Division has established a Shale gas and ...

ISLAMABAD: China has agreed to invest in oil and gas sector of Pakistan and has agreed to discover untapped shale gas reserves.Two Chinese oil and gas companies Poly-GCL and Sino-PEC are agreed to come to Pakistan in the sector and to invest billions in drilling and developing the gas reserves of ...

ISLAMABAD, Jan 10 (APP): Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi Tuesday informed the Senate that 95 trillion cubic feet (TCF) risked technically recoverable shale gas resources were existed in the Lower and Middle Indus Basins.During the question-hour session, the ...

ISLAMABAD (APP): The Ministry of Petroleum and Natural Resources last year had assigned the task to state-owned companies - OGDCL and PPL - for launching a pilot project in three to four months to determine cost of extracting Shale gas and oil after identification of their massive reserves but no ...

ISLAMABAD (APP): The government has been taking effective steps to explore and exploit shale gas resources in the country.USAID Pakistan Strategy Support Programme joint collaboration According to Radio Pakistan, official sources said that the US Aid Energy Policy Programme has been engaged for ...

ISLAMABAD (APP): The state-owned companies OGDCL and PPL are giving final touches to their joint strategy for a pilot project to drill Shale gas and oil wells in different parts of the country, espcially Balochistan."Preparations are in the final phase. The project draft will be submitted to the ...

ISLAMABAD: A study conducted by USAID shows that Pakistan has more than 10,000 trillion cubic feet of shale gas and 2323 billion barrels of oil reserves. The study was conduct in different areas of Pakistan. While talking to media in a press conference, Minister for Petroleum and Gas Shahid ...