QUETTA: A huge reserve of oil and gas has been found in Jandran area of Marri Agency of Balochistan.
These gas reserves are said to be much bigger than gas found in Sui Dera Bugti in early1950.
Well placed sources confirmed that gas reserve found in Jandran region is much bigger than gas found in Sui Gas reserves from Sui first and followed by two other big reserves at Pir Koh and Loti field.
Sui gas was main cause of industrial revolution in Pakistan mainly in Karachi and Central Punjab where gas replaced oil as an energy substitute.
The fourth gas reserve was also found in Bugti tribal territory in Uch Mountains and the gas is being used by a private concern producing electricity at the two Uch Power Plants near Dera Murad Jamali in Naseerabad.
The electricity produced at Uch Power Plant is sold to WAPDA and transmitted to National Grid in nearby province of Sindh and mainly its upper region.
Large-scale manufacturing sector seems to be struggling to rebound, according to PBS data
Billionaire industrialist, his associates accused of intentionally deceiving global investors as part of extensive...
Given current trends, KSE-100 index can breach psychological barrier of 100,000 points this or next month, says analyst
Fuel stations typically have reserves lasting three to four days, says president Petroleum Dealers Association
KSE-100 index fluctuates amid political tensions, recording a high of 99,819.59 and a low of 94,180.59
Analyst attributes positive sentiment to macroeconomic strength, optimism over declining lending rates