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5 Comments
Submission statement:
A significant deposit of petroleum and natural gas has been discovered in Pakistan’s territorial waters, with estimates suggesting it could be the fourth-largest oil and gas reserve globally.
The discovery, verified through a three-year survey in collaboration with a friendly nation, holds the potential to dramatically alter Pakistan’s economic fortunes, according to a senior security official quoted by DawnNewsTV.
The extensive geographic survey has pinpointed the location of the deposits, with relevant departments informing the government. The survey marks the beginning of what officials are calling an initiative to benefit from the ‘blue water economy’, which includes not only oil and gas but also other valuable minerals from the ocean.
new guyana
They make statements like this every other year to get funding and try to retain some faith in the economy/currency. Highly unlikely that they find any amount of oil that makes a difference and if they did, they would just squander it anyways
Pakistan “discovers” large oil and gas deposits every few years. Like this one in KPK 4 years ago: https://gulfnews.com/business/energy/pakistan-confirms-large-oil-and-gas-discovery-in-khyber-pakhtunkhwa-province-1.1594966345877
Sensationalism lol. Unless the Pakistani people rise up successfully, Pakistan’s destiny is for its wealth, natural resources and people to be exploited for the benefit of its foreign backers and the oligarchs in the military and civilian government.
How exactly is finding oil going to change that?