I Am Sorry Mr Niaz But You Are Confusing People. Because of Multiple Reasons We Have Not Been Able To Exploit Our Natural Resources but This Does Not Mean That They Are Not There.Dr Samar Mubarak Is A Responsible Person Not a Lunatic.
As Far As Alleged Reserves of Oil in Balochistan Are Concerned,The Proof Of The Pudding Is In The Tasting.Due To The Worsening Law and Order Situation In Balochistan All Economic Activities Including Oil and Gas Exploration Have Come To A Virtual Standstill.The Only Way To Find Out Whether These Reserves Are True Is To Restore The Law and Order Situation and Re Start Oil and Gas Exploration ASAP.Sir You The Way You Speak Sounds Like There Is Nothing In Pakistan But Such Is Not True[/QUOTE
According the geological data compiled thru aerial/ satellite surveys as well as from the information obtained from the various exploratory digs by the international oil companies over the last 50 years; all the large reservoirs ( 5-bilion barrels and above) have already been discovered. This leaves only medium and small reservoirs yet to be discovered in the unexplored regions of the world such as Afghanistan. That is why they say that the world would run out of oil in about 80 years.
Oil exploration in Pakistan goes back to 1915 when oil was first discovered at Khaur. There were some oil production from seepage earlier and a total of about 25,000 barrels (about 3.500 tons) of oil was extracted from a place called Khattan in the Bolan area of Baluchistan in the late 1880s. The reservoir then dried up.
Off shore oil exploration in Pakistan is nothing new. Sun oil carried out seismic survey of the Indus region as far back as 1961 but the results were not encouraging. Thus far 10 exploratory well have been drilled in the Indus region (Korangi creek, Dabbed creek, Patina creek and Karachi south areas. None showed any liquid hydrocarbons although small quantities of gas were indicated.
Four exploratory wells have been drilled off the Makran Coast. Two were in 1956-57. Two were in 1974 and 1975. Both were abandoned. Based on the 2011 data Pakistan has about 330-million barrels of proven reserves and produced about 60,000 barrels per day of oil.
Please understand that total proven reserves of the seventeen major oil producing nations of the world including OPEC and Russia and the Central Asian Republics total about 1.3 trillion barrels. Whereas some claim that Pakistan has 6-trillion barrels oil !!!
In the 40 odds years that I spent in the oil industry, highest estimate of ‘Potential’ reserves in Pakistan I came across was 50-billion barrels. That estimate was based upon the fact that Pakistan has a large sedimentary basin and substantial quantities of gas had already been found at Sui and at Dharki. It has been 40 years since and only about 300-million barrels has so far been located.
To the best of my knowledge Pakistan has gas and with more effort probably enough gas can be found to satisfy our needs. Liquid hydrocarbons are a different matter. Pakistan has many small fractured sites with larger pay zones containing about 30-million barrels of oil which is commercially viable but nothing to scream about. We have yet to discover a 1-billion barrels reservoir.
Claims of world's largest reservoir of oil in Pakistan and 6-trillion barrels of oil are total fabrication and without the supporting geological data. If you choose to believe it, you are free to do so but in my view it is suicidal to be divorced from the real world.
I never said that Pakistan has nothing, only that one should not accept wild claims of riches without concrete evidence and start jumping with joy.
I maintain that most important resource of any country is her manpower resource. Instead of dreaming of sudden lottery such as finding the largest oil reservoir in world; we should strive to improve quality of education in Pakistan to enable us to produce first rate manpower and leaders in science & technology. This would make Pakistan rich in the real sense.
First Of All I Would Like To Clarify That I Never Said That Indeed There Were Six Trillion Barrel Oil Reserves In Balochistan.If You Read My Initial Posts In This Thread,you Will See That I Used The Word 'Alleged'.
Secondly I Would Like To Thank You For Your Enlightening Insights.Your Points Raised Some Questions In My Head Which Only A Man Of Your Calibre Might Be Able To Answer.
1.You Say That All The Large Reservoirs Have Already Been Discovered Then How Would You Explain These Recent Finds?
a)In Brazil
UPDATE 3-Brazil oil find may be one of world's largest | Reuters
Petrobras' Tupi Oil Field May Hold 8 Billion Barrels (Update6) - Bloomberg
BBC News - Brazil finds massive oil field
b)In Siberia AND Arctic
http://http://www.smh.com.au/news/environment/polar-power-vast-oil-find-in-arctic/2008/07/24/1216492601519.html
https://docs.google.com/viewer?pid=...2d44d23a77cea3dee7965&a=bi&pagenumber=1&w=800
c)United States Bakken Formation As Well As Off Shore And Alaska
d)In Israel Offshore
e)Cuba Off Shore
http://http://news.bbc.co.uk/2/hi/7675234.stm
I Am Not Going To Mention The Plethora Of Oil Fields Both Large and Medium That Have Been Discovered In Africa and Central Asia Due To Heavy Chinese as Well As Indian Investment.All These Repoprts Have Come Up In The Last 4 Years.
2.If All The Large Oil and Gas Fields Have Already Been Discovered Then How Is It That Only As Recently As 2011 The Potential Oil Reserves of Venezuela Are Double That Of Saudi Arabia,The Largest Oil Producer In The World.An Agency No Less Than United States Geological Survey Has Hinted This?
http://http://en.mercopress.com/2010/07/15/venezuela-oil-reserves-could-double-saudi-arabia-says-us-assessment
http://http://news.bbc.co.uk/2/hi/8476395.stm
3.I Would Like To Refer You To A Report By The United States Geological Survey Where
http://docs.google.com/viewer?a=v&q=cache:KtktNvAQE5oJ:geology.uprm.edu/Morelock/pdfdoc/usgsoil.pdf+&hl=en&gl=pk&pid=bl&srcid=ADGEESjAAw25gAIG7eiU7XUD7rUG57W6V05RJafNvk4K5BUzm2JFM0Uhskm_mvcvdFO6f4oKYWfCMqF5PSxv
These Reports Are That of BBC,Rueters,Al Jazeera,United States Geological Survey,US DoD,TIMES Magazine etc.All These Are Very Resposible Organizations Not Just A Bunch of Conspircy Theorists.As Technology (Satellite/Aerial Imagery,3D Graphics Simulation) Improves The Estimates Of Oil and Gas Change and Most Of The Time They Have Imroved.Why I Do Not Think It Would Be Appropriate To Make Final Conclusions As Regard to Oil and Gas
4.As Mentioned Above Venezuela Which Is A Major OPEC Oil Producing Country Which Is Now Reported To Have Twice The Reserves Of Saudi Arabia,Also Trinidad And Tobago Has Major Oil and Gas Reserves,Also Mentioned Above Is Cuba's Offshore Oil Discovery As Well As That Of Brazil,Here I Would Also Like To Mention The Shale Gas Shale Oil and Tight Gas Potential of Argentina
Also The Off Shore Oilfield (Another Large Oil Discovery) in Guyana.
http://http://www.caribbean360.com/index.php/news/guyana_news/502444.html#axzz1r0dMpoTo
Also Reports of Massive Oil and Mineral Reserves in Haiti Due To Being At The Collision Point Of South American and Carribean Tectonic Plates
http://http://www.globalresearch.ca/index.php?context=va&aid=17287
This Region Is On The Fault Line Of The South American and Carribean Tectonic Plates Or In The Immediate Foreland.
Also The Russian Far East Region's Oi Gas and Coal Wealth Needs No Explanation Is Located At The Fault Line Of North American Plate and Eurasian Plate and There Are Also Vast Reserves In ASEAN Region(Indonesia,Malaysia,Brunei and South China Sea) Which Is Located On Or In The Immediate Vicinity Of Phillipines Plate Indian Plate and Eurasian Plate
Similarly The Giant South Pars Gas Field Shared By Iran and Qatar,The Ghawar Oilfield The Largest Oilfield In Saudi Arabia,All The Oil Reserves Of UAE Kuwat Qatar and Bahrain Iraq,The Majority Of The Oil Reserves of Saudia(Eastern Provinces)and Iran(Ahwaz) Are On Or In The Immediate Vicinity of Arabian and Eurasian Tectonic Plates.Pakistan Is Located At The Collision of Three Tectonic Plates Eurasian,Indian and Arabian.While I Do Not Speculate That There Is Indeed Six Trillion Barrels of Oil In Coastal Balochsitan. Indeed I Believe That There Has To Be Substantial Reserves Of Hydrocarbons and Minerals Beneath Our Feet.
5.Our Neighbours Have Been Discovering Vast Oil and Gas Fields In The Recent Past.Iran's Oil,Gas and Copper Reserves Need No Introduction,India Has Discovered Large Oil and Gas Fields Right On Our Border With
http://www.spiritofchennai.com/news/national-news/a0272.htm
http://www.indianexpress.com/oldStory/62520/
gulfnews : Oil India discovers huge gas reserves in Rajasthan desert
Even Afghanistan Has Discovered Vast Wealth In Minerals and Hydrocarbons
Survey finds oil in northern Afghanistan - BusinessWeek
Afghanistan: The Saudi Arabia of Lithium? : Discovery News
http://www.google.com.pk/url?sa=t&r...9CxUH1ABnv0mZRUKA&sig2=DZ6ggalXjEzyzekA6E00EQ
Please Forgive Me But I Refuse To Believe That These Bounties Of NATURE Just Suddenly Dry Up On Our Border
5.You Mentioned That Four Exploratory Wells Were Drilled In Makran Coast But Were Abandoned, Correct Me If I Am Wrong Weren't They Abandoned For Operational Reasons?
In 1947 48 And The Decades 1960s 1970s and 2002 - 2012 Balochistan Has Been The Scene Of Separatist Insurgencies and Military Operations.Even During The Best Of Times There Is Tribal Infighting.The Coal Mines
of Loralai Chamalang Could Not Start Operations Because Of Fighting Between The Marri and Luni Tribes.Only Once The Army Restored Order And Negotiated A Peace Settlement That Mining Started.
Apart From The Law And Order Situation The Political Instability and Frequent Change In Policies Are Some Of The Reasons Why That Mining and Oil and Gas Companies Are Reluctant To Invest Technology And Capital on a Large Scale.Mining As Of 2007-08 Was 0.5% of GNP.
http://http://viewstonews.com/index.php/pakistan-and-offshore-energy-exploration/pakistan
I Still Believe That With Political Stability and With a Favourable Investment Environment We Can Attract Big Time Investment In This Sector and Realise Our True Potential.
6.When I Said That You Are Confusing People I Was Talking About Thar Coal.Just Because Dr Samar Mubarak Is Not Getting Funds For The Development Of UCG Project,This Does Not Imply That The Massive Reserves Of Thar Coal Are Not There(My Apologies If You Were Offended)
As For Your Last Point I Fully Agree With You There Is No Arguing There.
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