Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
After Coastal Oil/Gas discovery lies, I don't believe anything that this prime minister predicts.
Why not. I would say take $1 billion loan and search for oil reserve in south Baluchistan with full security. We just have wasted $4 billion in metro crap project which will result in bad service and then will vanish in thin air in few years.
As for coal project I hear in the news cost will be higher even with the coal project for energy?
Then we loss in trying at least but least we would find something and But what if we find something huge? Higher the risk, higher the return.My dear friend Oil exploration is a calculated gamble. It is like venture capital, the profit potential is high but the possibility of total loss is also there.
I have never come across any gov’t undertaking it directly. Gov’t owned entities such as OGDC or Fauji Foundation, who operate like commercial corporations would normally do it, but gov’t directly never.
Do you propose that GOP issues a grant of $1-billion to OGDC? What happens if all the money is gone with nothing to show for except a few dry holes? Wouldn’t all and sundry, especially the NAB, crucify who soever approved such a loss-making venture?
Then we loss in trying at least but least we would find something and But what if we find something huge? Higher the risk, higher the return.
We are already running PIA in loss, Steel mill closed and top of that what was the need of such metro people issue is not metro or beautiful city. These unseen reserves that we have will be depleted in few years. So what are we waiting for some foreign company comes in after 5 years then 10 years 1 well dry leave then come by that time there will be no reserves left for explore.
Just check this one
https://www.thenews.com.pk/latest/174593-Huge-oil-gas-reserves-found-in-Balochistan
Don't know what happened to this one if it's been said bigger than suigas.
Wo Brother!!!!!Come On Man Don't Lose Your Heart Like That
No man no need to cheer me up b'coz it won't work.There is nothing in Pakistan no oil, no gold, no gas, no coal b'coz if there had been we would not be begging for loans
Vision of cleaner and greener Pakistan will be realized by burning coal.
In a way, that makes good sense.