Islamabad: Pakistan is now among the top five countries in the world with maximum number of discoveries made for oil and gas reserves, a news source quoted facts from a report shared by Global Oil & Gas Discoveries Review – 2017. According to this report, Pakistan discovered five huge reserves of oil and gas in the second half of the year.
On top of the Global Oil & Gas Discoveries Review’s list is Russian, which discovered 10 reserves, followed by Australia where seven reserves were unearthed during the year. Pakistan and the UK are ranked at no. 3 with three new discoveries.
Finding news reserves for oil and gas will help Pakistan start production locally, reducing its dependence on other countries and save a lot of revenue otherwise spent on important oil and gas.