{"id":86913,"date":"2022-06-27T14:52:05","date_gmt":"2022-06-27T09:52:05","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=86913"},"modified":"2022-06-27T14:52:11","modified_gmt":"2022-06-27T09:52:11","slug":"pakistan-29th-natural-gas-reserves-world","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-29th-natural-gas-reserves-world.html","title":{"rendered":"Pakistan becomes world&#8217;s 29th largest country with natural gas reserves"},"content":{"rendered":"\n<p>Karachi: Pakistan is ranked 29th in the world in terms of natural gas reserves, news sources reported on June 27. As per the shared statistics, Sindh accounts for 63% of these total gas reserves, and Balochistan\u2019s Sui region is the largest single gas field with a 6% share in total production.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pakistan-gas-reservoir-north-waziristan.html\" data-type=\"post\" data-id=\"86380\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan discovers huge gas reservoir in North Waziristan<\/a><\/p>\n\n\n\n<p>According to reports, the information was revealed in a gas monitor report submitted by Dr Amanullah Mahar, Director of the Center for Environmental Sciences at the University of Sindh in Jamshoro. The report said that at present Sindh\u2019s gas field holds gas reserves that are 12 times the annual needs of the country. This means that the reserves will be consumed in the next 12 years. Furthermore, it was determined that the <a href=\"https:\/\/www.zameen.com\/news\/pakistan-underground-gas-reserve.html\" data-type=\"post\" data-id=\"85581\" target=\"_blank\" rel=\"noreferrer noopener\">gas field&#8217;s total extractable<\/a> potential is 24 trillion cubic feet (TCFT) of gas, with a daily extraction of 4 billion cubic feet (BCFT).<\/p>\n\n\n\n<p>Given the ongoing shortage of natural gas being experienced, the government is increasingly relying on an expensive and high-carbon alternative of <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/usd-94mn-virtual-lng-pipeline-for-gwadar-in-the-works.html\" data-type=\"post\" data-id=\"74871\" target=\"_blank\">Liquified Natural Gas (LNG)<\/a> that is also subjected to market fluctuation, specifically to the international political economy. The report urged the government to explore other energy resources to preserve the environment and national reserves spent on LNG imports.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/ogdcl-gas-oil-reserves-punjab-sindh.html\" data-type=\"post\" data-id=\"86834\" target=\"_blank\" rel=\"noreferrer noopener\">OGDCL discovers gas and oil reserves in Punjab, Sindh<\/a><\/p>\n\n\n\n<p>The survey also found that a large portion of the extractable and imported gas is used in power generation and industry, with domestic usage increasing. The government has announced plans to <a href=\"https:\/\/www.zameen.com\/news\/govt-local-coal-power-generation-curb-import.html\" data-type=\"post\" data-id=\"86787\" target=\"_blank\" rel=\"noreferrer noopener\">convert thermal energy plants<\/a> to use local coal in order to avoid energy shortages, which are projected to slow down industries and, eventually, the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Pakistan is ranked 29th in the world in terms of natural gas reserves, news sources reported on June 27. As per the shared statistics, Sindh accounts for 63% of these total gas reserves, and Balochistan\u2019s Sui region is the largest single gas field with a 6% share in total production. Read: Pakistan discovers huge gas reservoir in North Waziristan According to reports, the information was revealed in a gas monitor report submitted by Dr Amanullah Mahar, Director of the Center for Environmental Sciences at the University of Sindh in Jamshoro. The report said that at present Sindh\u2019s gas field holds gas reserves that are 12 times the annual needs of the country. This means that the reserves will be consumed in the next 12 years. Furthermore, it was determined that the gas field&#8217;s total extractable potential is 24 trillion cubic feet (TCFT) of gas, with a daily extraction of 4 billion cubic feet (BCFT). Given the ongoing shortage of natural gas being experienced, the government is increasingly relying on an expensive and high-carbon alternative of Liquified Natural Gas (LNG) that is also subjected to market fluctuation, specifically to the international political economy. The report urged the government to explore&hellip;<\/p>\n","protected":false},"author":84,"featured_media":60789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[52875,52874],"persona":[],"class_list":{"0":"post-86913","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-natural-gas-reserves","9":"tag-pakistan-ranked-29th-in-natural-gas-reserves-in-the-world","10":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan ranked 29th in natural gas reserves in the world- Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: Pakistan is ranked 29th in the world in terms of natural gas reserves, news sources reported on June 27. As per the shared statistics, Sindh\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-29th-natural-gas-reserves-world.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan ranked 29th in natural gas reserves in the world- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: Pakistan is ranked 29th in the world in terms of natural gas reserves, news sources reported on June 27. As per the shared statistics, Sindh\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-29th-natural-gas-reserves-world.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-27T09:52:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-27T09:52:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/gas-supply.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"401\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nauman Ahmad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nauman Ahmad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pakistan ranked 29th in natural gas reserves in the world- Zameen News","description":"Karachi: Pakistan is ranked 29th in the world in terms of natural gas reserves, news sources reported on June 27. 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