Pakistan

Pakistan on the verge of discovering a huge reserve of oil and gas, says PM Khan

Imran Khan, Pakistan’s premier has said that the country was on the verge of  hitting a ‘kind of jackpot’ in the form of discovering a huge reserve of oil and gas, reported the Dawn. 

“Just pray that our hopes and expectations from the offshore drilling being carried out by the ExxonMobil-led consortium prove to be true,” Khan said.

The report while quoting Khan added, “There’s already been a delay of about three weeks, but if the indications we are getting from the companies are anything to go by, there’s a strong possibility that we may discover a very big reserve in our waters. And if that happens, Pakistan will altogether be in a different league.”

In an informal chat with a group of newspaper editors and other senior journalists, Khan didn’t share details of the offshore drilling process. And there has been no official word from ExxonMobil and the international oil exploration company ENI which have been involved since January in drilling an ultra-deep well (230km inside the sea) for oil in what is known as Kekra-1 area.

Khan believes that if big oil reserves are discovered, most of Pakistan’s economic problems will be addressed and then there will be no stopping the country’s progress.

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