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government decides to expedite its search for offshore gas and oil

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The federal government has made the decision to expedite its search for gas and oil within the nation’s marine borders.

Information reveals that, in order to ensure the country’s energy security, more would be done to discover oil and gas in the coastal seas. In addition, the prime minister has given the order to hire outside specialists in this area within two months.

The two offshore basins in the nation, the Indus and Makran, are thought to have enormous amounts of gas and oil reserves, according to sources in the Petroleum Division.

Only fourteen sea wells have been drilled in Pakistan’s 77-year history in an effort to find oil and gas.

Recall that last year, during the Petroleum Conference 2024 in Islamabad, it was stressed how important it is to work together to find oil and gas reserves both inside and outside of the ocean.

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12th Excellence Awards Ceremony: Government Will Use All Available Tools To Promote Business Community

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Additionally, President Asif Ali Zardari has stated that he is in agreement with the suggestions that have been put forward by the business community.

According to the President, who was speaking at the 12th FPCCI Excellence Awards Ceremony, which took place at Awan-e-Sadr in Islamabad, the government is working to revitalize the national economy.

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Relations between Pakistan and Saudi Arabia for Business. There will be a testament to the fraternal ties between Pakistan and Saudi Arabia: Dar

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Pak-Saudi accords will serve as an enduring tribute to the time-tested and fraternal connections that exist between both nations, according to Ishaq Dar, who is both the Deputy Prime Minister and the Foreign Minister of Pakistan.

During a signing ceremony that took place in Islamabad, Dar brought attention to the enduring nature of the relationship between Pakistan and Saudi Arabia.

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We Put Pakistan On Route Of Development: Shehbaz Sharif

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It has been said by Prime Minister Shehbaz Sharif that the attack on Chinese nationals, coupled with the demonstration in the Federal Capital, is a replicate of the events that occurred in 2014-2015, when the visit of the Chinese President was delayed owing to the sit-in that was organized by the Pakistan Tehreek-e-Insaf (PTI).

He stated, when addressing the meeting of the Federal Cabinet, that we would not accept a replay of the events that occurred in 2014 and 2015 and that we will leave no stone unturned in order to ensure the safety and security of Chinese engineers.

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