Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Murtaza has said that Pakistan offers great potential in the oil and gas sector and the government is doing its part by introducing new policies to meet the rising energy demand. He was presiding over a seminar organised by the Petroleum Institute of Pakistan (PIP), a representative body of the oil and gas industry, on the topic Shale Gas Potential in Pakistan. The forum consisted of 150 guests from the oil and gas fraternity including government officials, media personnel and students from Karachi’s top universities and colleges. Asim Hussain said he had been advocating the need to balance country’s energy mix, which was heavily dependent on natural gas. He stated that the US Energy Information Administration had estimated 51 TCF Shale gas reserves in Pakistan, while estimated reserves for Low BTU Gas were 2 TCF and that of tight gas were 40 TCF. He added that Shale Gas exploration was highly technical and costly. Therefore, he said, in order to encourage its exploration, pilot projects had been planned. The Ministry of Petroleum and Natural Resources would facilitate companies wishing to explore shale gas by granting special concessions through transparent process and based on merit, he said. He stressed on PIP’s role as an effective energy sector advisory body, supporting government and industry in Pakistan to develop a progressive and sustainable roadmap to meet present and future challenges.
Go home you are as corrupt as any one else in the government.
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