‘Pakistan’s reserves more than all Central Asian states’

ISLAMABAD: Pakistan’s shale gas and oil reserves are more than the combined reserves of Central Asian States put together, claimed Petroleum Ministry Adviser Zahid Muzaffar during the 22nd Annual Technical Conference (ATC).

“Gas supply stands at 3.95 billion cubic feet in the on-going year against demand for 6.45 bcfd,” said Muzaffar. “Production is estimated to drop by 2.61 bcfd by 2028 if the potential of gas is not explored,” he added while addressing the conference that ended on Wednesday, with commitments from oil and gas exploration companies to tap the huge potential of oil and gas in Pakistan.