Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Tuesday emphasised upon the need for accelerating efforts to explore conventional and unconventional resources aimed at meeting energy needs of the country.
Addressing at the concluding ceremony of the first ever two-day “International Conference on Unconventional Resources (ICOUR-I)”, he said Pakistan had great energy resources and there was a need for consistent efforts to exploit them.
The conference was organised by NED University of Engineering and Technology, Pakistan and Norwegian University of Science and Technology (NTNU), under the Framework Institutional Cooperation Programme of the Ministry of Planning, Development and Reforms in collaboration with the Petroleum Institute of Pakistan.
Speaking on the occasion the Minister said that Pakistan is facing a huge gap between demand and supply of energy, adding that currently its total gas production is 4 billion cubic feet per day (Bcf/d) against the demand of 8 (Bcf/d) of gas, and that the oil requirement is seven to eight times higher than the local production.
Highlighting the efforts of the government in increasing oil and gas exploration activities, the Minister said a recent study had identified massive resources of Shale gas and oil in the country. As per the study, he said there were 188 TCF of gas and 58 BSTB of oil as technically recoverable resource while the risked technically recoverable resources stood at 95 trillion cubic feet (TCF) gas and 14 billion stock tank barrels of oil as per the study.
The minister said Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) have been assigned the task of launching a pilot project to drill Shale gas and oil wells.
Later, the members of the conference recommended development of shale and Tight Oil and Gas resources in Pakistan. Collaborative pilot projects to determine the quantity and development strategies by state owned companies, OGDCL and PPL and the Norwegian State Oil Company, Statoil, was also recommended.
Members also recommended that the Shale Gas Policy Framework of the Ministry of Petroleum and Natural Resources should be tuned to provide conducive terms and conditions addressing environmental aspects and improved fiscal incentives to promote investment in the unconventional energy sector.
Norwegian Ambassador Tore Nedrebo also attended the conference.
Security inside the IT industry isn’t a fresh topic, but corporate knowledge of its living (as well as lack thereof) gets to an all-time greater. Not every day goes via without watching a proceeding somewhere related to stolen info, hacked business computers as well as leaked private information. http://www.technology-specialist.org
Inside of a world the place families have grown increasingly nuclear and you should find a lot fewer adults to help steer in addition to direct fresh families, parenthood is starting to become extra critical. In this particular scenario, parents are within the constant contemplate information. http://www.trillmagazine.org
When everyone hear Pembroke Pines, Florida everyone instantly start out considering some sort of tired in addition to tranquil retirement life neighborhood. And one a component of Pembroke Pines is similar to that. This city is a wonderful place with regards to older citizens to, there are typically many behavior, services together with events one example is antiques reveals, university lessons and innovative facilities from the Southwest Target Senior Heart. http://www.sheridanhealthservices.org
There are not adequate good books concerning the future in the sports company. It’s the actual humongous industry in the event you stop and contemplate it, not only within the sports equipment side in the equation, but in addition the professional sports organizations and leagues. It generates lots of tourism, in addition to income. http://www.ihsaasports.org
This Paris present will convene Louis Vuitton’s preceding and recent. See the way in which Louis Vuitton together with Marc Jacobs grown necessary . label, from it’s conception and appearance when Vuitton was a student in the helm over the 19th one hundred year, to the exact contemporary ready-to-wear models created in the course of Jacobs’s 13 ages as impressive director. http://www.followthefashion.org
Anita together with Stewart produced their motivation house inside of a perfect group. They relished emailing the neighbors simply because took his or her evening strolling. Everyone knew another. It was a true neighborhood. http://www.freehomepickup.org
Pet meals labeling together with dog dinners regulation requirements are likely not an element that you contemplate regularly although if you’re a puppy lover they’re something you should make crucial to understand. http://www.dublinfoodgrowing.org
Virtually any relationship concerning two corporations, either persons or shops, cannot be established except before some selection of rules. These rules may very well be unenforceable norms or perhaps customs on the group or perhaps society, or some explicit laws having a binding together with enforceable skilled. http://www.cufelaw.org
Pet playthings are a vital supply for virtually every pet. They’re suited to teething young puppies and intended for spending a little while bonding with all your four-legged nearest thing friend whether it be to make it possible for loose and have absolutely fun as a way to teach approaches. http://www.recycledpetssocal.org
Ye ho kya raha hai ? As far as I am concerned, do not like this super-fox like man who is more like fake Doctor Rehman Malik.
Comments are closed.