PPL Discovers 1 Trillion Cubic Feet of Gas in Balochistan - Android

Pakistan Petroleum Limited (PPL) has made a massive discovery of over one trillion cubic feet of gas in Kalat, Balochistan.… Read More

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Pakistan Petroleum Limited (PPL) has made a massive discovery of over one trillion cubic feet of gas in Kalat, Balochistan.

The development was announced by Senior Minister of Punjab and Minister of Food, Abdul Aleem Khan in a tweet post on Wednesday. “Discovery of 1 trillion+ cubic feet of gas in Kalat, Balochistan, brings good news in controlling Pakistan’s energy crisis for the residential and commercial sector,” said the minister.

The minister added that the latest discovery will also help revitalize the economy as foreign exchange reserves are disturbed by hefty LNG imports which, as per the minister, amount to $15-16 billion.

PPL made the first gas discovery on Balochistan’s Kalat Plateau from exploratory well Margand X-1. The discovery opened a new sub-basin for further hydrocarbon exploration.

Meanwhile, the latest discovery will not only add to Pakistan’s hydrocarbon reserves, but it will also contribute to reducing the gap between supply and demand of oil and gas in the country through the exploitation of indigenous resources.

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