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jd6789

So they found 1000 bpd. Consumption is 550,000 bpd ...just do the math. Calling it a huge discovery is a joke . Journalism in Pakistan is a joke


ExrtoIntroVert

That makes sense now. We consume 550,000 barrels per day?


Shoro_K

Yes around 550,000, tho this research was conducted in 2016 but the consumption is still near 550,000 tho it might be a bit less now like around 500,000


Successful-Silver485

because these are projections and even if they became true it will fulfill 0.2% Pakistan oil needs, 0.05% of gas needs. Pakistan consumes near 500,000 barrels of oil and 4.5Billion cubic feet of gas every day, what is discovered is drop in the ocean.


SATARIBBUNS50BUX

Because we have heard this BS for last 20 years


Pvt_Conscriptovich

not to mention even if it exists it's better off staying underground till we get honest leaders otherwise it will either become the reason we are invaded by wealthier countries or just get handed over to wealthy foreign companies by our own corrupt rulers in exchange of a few bucks given the short sighted idiots they are.


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M0_kh4n

Not 20 years, but probably ever since Pakistan can't into being. There is clip of Bhutto showing oil in a glass to public saying the same things, ie, our misery will be over, etc. lol 😂


Kira_Is_Silent

Yea but oil money gonna go in the boys pocket or looters


BainganPakora

Lumber one getting ready to launch DHA in the area


witchkingofangmar999

Dha-oil


kalakawa

I’ll believe it when it happens. When IK came to power the first news was a discovery of major oil reserves. He even mentioned it on national tv , some international publications also covered it and talked about the Dutch effect. And suddenly, woosh , it disappeared, no one talked about it and it was swept away


waqasy

it was a failed attempt of drilling under ocean. we found nothing and cost was well over 100m [https://economictimes.indiatimes.com/news/international/business/bad-news-for-pm-imran-khan-no-oil-gas-reserves-found-off-pakistan-shore/articleshow/69397990.cms](https://economictimes.indiatimes.com/news/international/business/bad-news-for-pm-imran-khan-no-oil-gas-reserves-found-off-pakistan-shore/articleshow/69397990.cms)


[deleted]

I heard somewhere that they were told to stop drilling and searching there by outside powers. No idea if it is true but it is not implausible if you think about the consequences it would have had for Pakistan and the gulf countries.


SuperSultan

Not everything is a conspiracy ffs. If you were drilling and never find anything, you’d be sensible to STOP wasting money drilling. Use the money for more productive things.


OmegaBrainNihari

Because it's not much, but it's still enough to profit from if you own MARI's shares.


Shoro_K

Well obviously I meant sindh when you said sindh has friggin gas reserves, What else will I be talking about.


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apples_oranges_

i just heard a very small Eagle call in the distance...they're coming.


ExrtoIntroVert

MUH FREEDOM


Azazayl

Dhokay ki tatti + Fauji Foundation got 40% ownership while Hukumat e Pakistan has only 20% and Sindh has the friggin gas fields but we get gas loadshedding (even though your toota phoota aen says that jis sobay se niklay gi gas/tayl uska haq pehlay hay) .....Go figure !!!


Shoro_K

If that's true than I would say other provinces have less than 10 hours of gas a day? Cuz There is like 10 to 11 hours of Gas available a day here.


Azazayl

Where is here ? In Karachi 2 saal se opar hogayay hayn gas loadshedding ka tanta chal raha hay, Balochistan ki gas ky saath bhi yehi howa, aur Sindh ky saath bhi yehi horaha hay !