Miranshah: New oil and gas reserves have been discovered in North Waziristan, according to a statement issued by Mari Petroleum. The announcement revealed that initial estimates suggest the Waziristan block will produce 20 million cubic feet of gas per day. In addition to gas, the new discovery is expected to yield 122 barrels of crude oil daily.
This discovery follows a previous announcement by Mari Energies Limited, which had disclosed the discovery of oil and gas in North Waziristan last month. According to the announcement made by Mari Energies, the initial estimates for the discovery were 20.4 million cubic feet of gas and 117 barrels of crude oil per day.
The potential impact of this discovery is significant, as it could bolster Pakistan’s domestic energy production and reduce reliance on imports. The discovery also highlights the untapped natural resources in the tribal regions of Pakistan, which could play a pivotal role in the country’s energy sector moving forward.
The discovery of oil and gas in North Waziristan comes at a time when Pakistan is actively seeking to increase its domestic energy resources to meet the growing demands of its population and industries. The development of these reserves will not only help alleviate energy shortages but also provide economic opportunities for the region, which has historically faced security challenges.
