Pakistan has witnessed a notable increase in its oil and gas reserves for the first time since 2020, marking a significant milestone in the country’s energy sector. This boost has been largely driven by the efforts of the Special Investment Facilitation Council (SIFC), which has played a crucial role in facilitating energy projects and encouraging local investment in the sector.
Pakistan’s oil reserves have risen from 193 million barrels to 238 million barrels. This significant increase is expected to help address the country’s ongoing energy shortages and reduce its reliance on imported energy, which has been a long-standing concern.
The increase in reserves reflects the successful exploration activities and strategic planning supported by the SIFC, which has fostered greater collaboration and investment in the local energy sector. As the country continues to focus on strengthening its domestic resources, this growth in reserves is seen as a key step toward securing a more sustainable and self-reliant energy future for Pakistan.
The government and relevant authorities are continuing efforts to build on this momentum, ensuring that Pakistan’s energy sector remains competitive and resilient in the coming years.
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