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Daily Times on MSN7d
Pakistan's oil and gas output decline continues: A 14% drop in oil and 8% in gasPakistan's oil and gas production fell sharply in April. Oil output dropped by 14% year-on-year to 58,890 barrels per day.
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Oil giants hesitant to tap Pakistan’s massive new reserves due to security concernsCurrently, Pakistan relies heavily on imports to meet its energy needs, including 20% of its coal, 29% of its gas, 50% of its liquefied petroleum gas (LPG), and up to 85% of its oil requirements.
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