Thar coal project to help meet country’s energy needs: PM

[Crusher]

After Coastal Oil/Gas discovery lies, I don't believe anything that this prime minister predicts.

 

[VCheng]

After Coastal Oil/Gas discovery lies, I don't believe anything that this prime minister predicts.

Those were not lies. They were best faith hopes.

 

[niaz]

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?

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?

 

[AZ1]

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.

 

[niaz]

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.

Sir,

Throwing money at the problem does not solve the problem. OGDCL, PPL & POL and a few foreign including ENI are currently engaged in exploration in various onshore blocks in Pakistan and we do hear finds almost ever 3-4 months but all are small fields; barely making up for the exhaustion of existing fields. The way to go about would be to offer very generous terms so that profit incentive for the foreign exploration firms induces them to spud more exploratory wells. However, knowing my countrymen; should there be a large find; some smart alec could submit a petition the Supreme Court or to NAB that a lot of money must have been exchanged under the table because GOP had offered better terms than India & rest of world.

The news as published is one thing but the reality is something else. I had also read about it, that was nearly 3 years ago, but where it is now?

If you could dig out any size & production info about Jandran field, I would appreciate if you could share it as I have not come across any production data from Jandran gas filed. According to my info, the reserves are not ‘Huge’ as reported and because of the Baluch insurgency, the field has not yet fully developed.

 

[CHACHA"G"]

O no man …… Please come on ………. no more golden dreams...….. Suhanay Khuwab……..

 

[AZADPAKISTAN2009]

Coal is being extracted

 

[Shah Khalid]

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

 

[AsifIjaz]

Allah SWT has bestowed us so much natural resources that we can not be thankful to him. The only thing we have to do is come up with a system of equality and justice, getting them out and utilizing them and for that to happen we have one clear guideline and a book which narrates it all; holy Quran.
No government structure, no policies, no business model and no initiatives will succeed till we do not change ourselves. its "harf-e-akhir" meaning its the final word that You are ruled by people amongst you so in order to change rulers, we must first change ourselves. Like people; like rulers.

 

[niaz]

We must always be thankful to Allah for everything including giving us the gift of life. Pakistan has natural resources and more than some countries, but it is a fallacy to imagine that we are brimming with natural resources.

Most important resource of any nation is her manpower. Early Arabia had very little natural resources, it was only the superior quality of manpower that Arab Muslims from an arid landscape were able to defeat the Byzantine & Persian empires. When would my countrymen stop relying on imagined riches of the natural resources and instead strive to improve the quality of national manpower thru honest quality education (no fake degrees or passing by copying from books), acquire technical skills thru hard work and take pride in producing high-quality goods (not ‘Jugaar that will do)?

When we acquire the skills that enable us to exploit our natural resources without foreign help and improve the quality of life for the ordinary man on the street thru indigenous efforts and innovation, only then we would be able to compete in a 21st Century world.

Allah only helps those who help themselves.

 

[Samlee]

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

Look Bro I Know You're Upset And You Have Every Right To Be But Just Because We Cannot Manage Our Resources Properly Does Not Mean They Are Not There.

And As Far As Thar Coal Is Concerned Power Generation Has Already Started.

So Don't Lose Hope Sab Sahi Ho Jaye Ga

 

[El Sidd]

Vision of cleaner and greener Pakistan will be realized by burning coal.

 

[VCheng]

Vision of cleaner and greener Pakistan will be realized by burning coal.

In a way, that makes good sense.

 

[El Sidd]

In a way, that makes good sense.

oh i can imagine.

put the industry on coal and rest on greener fuels