Pakistan Watch Thread

[concard]

Pakistan finds oil that may ‘change its destiny’ - CNBC TV18

Pakistan has discovered substantial oil and gas reserves offshore, which could transform its economy. However, the nation’s current economic instability, coupled with the high costs of exploration, poses significant challenges to realising the full potential of these resources.

www.cnbctv18.com

A significant deposit of petroleum and natural gas has been discovered in Pakistan's territorial waters, with estimates suggesting it could be the fourth-largest oil and gas reserve globally.

"However, until the reserves are properly analysed and exploration begins, Arif warned that much of the current excitement remains speculative."

LOL. Haven't heard this news before during Imrand Khan time I believe?

 

[Brood Father]

"However, until the reserves are properly analysed and exploration begins, Arif warned that much of the current excitement remains speculative."

LOL. Haven't heard this news before during Imrand Khan time I believe?

What analysis is required ?..With modern tech there would be near certainity if oil is there or not.

But if there is oil those bastards have got very lucky

 

[concard]

What analysis is required ?..With modern tech there would be near certainity if oil is there or not.

But if there is oil those bastards have got very lucky

Just go through the news about this topic in the last 10 years. They have been saying the same for a long time. Before this they were touting they have $1 Trillion worth mineral resources in Balochistan. Nothing new here.

 

[marliii]

Pakistan finds oil that may ‘change its destiny’ - CNBC TV18

Pakistan has discovered substantial oil and gas reserves offshore, which could transform its economy. However, the nation’s current economic instability, coupled with the high costs of exploration, poses significant challenges to realising the full potential of these resources.

www.cnbctv18.com

A significant deposit of petroleum and natural gas has been discovered in Pakistan's territorial waters, with estimates suggesting it could be the fourth-largest oil and gas reserve globally.

They dont know if its a gas or oil reserve. They claim it is the 4th largest while also saying they dont know the quantity. A "friendly " country helped in research and they need 5 billion dollars. Why does this look like a ponzi scheme?