Oil and gas reserves will only be confirmed after exploration: sources
A representational image showing Equinor’s oil platform in the Johan Sverdrup oil field in the North Sea. — Reuters/File I cannot determine the size of the reserves until the discovery of sources of oil, natural gas. They say data from the geological survey is currently being studied. The Petroleum Directorate will conduct auctions in the first quarter of next year. Islamabad: As Pakistan struggles to meet its growing fuel and energy needs, Petroleum Department sources said Geo News on Saturday that the discovery of oil and gas reserves in the country’s territorial waters could only be confirmed after proper exploration.


