Vast reserves of oil, gas in Karak

Published December 20, 2009

KARAK, Dec 19 Oil and gas reservoirs explored in Karak district are producing 7000 barrels of oil and 2500 cubic feet gas on a daily basis which is a record production from one oil well in the country.

The oil and gas reservoirs at Noshapa Banda in district Karak are generating millions of rupees revenue daily.

District Karak is blessed with mineral resources and many national and international companies and OGDCL are busy in oil and gas exploration in different areas of the district.

Vast reservoirs of oil and gas have been explored in Gurguri and Noshpa Banda areas of the district so far whereas exploration is under way in other areas.

These oil and gas reservoirs could make up the gas deficiency in NWFP as many parts of the province are badly hit by gas load-shedding.—APP

Opinion

Editorial

Afghan strikes
26 Dec, 2024

Afghan strikes

AS the state engages with the Afghan Taliban regime diplomatically, more forceful measures are also being employed ...
Revamping tax policy
26 Dec, 2024

Revamping tax policy

THE tax bureaucracy appears to have convinced the government that it can boost revenues simply by taking harsher...
Betraying women voters
26 Dec, 2024

Betraying women voters

THE ECP’s recent pledge to eliminate the gender gap among voters falls flat in the face of troubling revelations...
Kurram ‘roadmap’
Updated 25 Dec, 2024

Kurram ‘roadmap’

The state must provide ironclad guarantees that the local population will be protected from all forms of terrorism.
Snooping state
25 Dec, 2024

Snooping state

THE state’s attempts to pry into citizens’ internet activities continue apace. The latest in this regard is a...
A welcome first step
25 Dec, 2024

A welcome first step

THE commencement of a dialogue between the PTI and the coalition parties occupying the treasury benches in ...