'Big news' expected as Pakistan undertakes oil and gas exploration off Karachi
Maritime Minster Ali Haider Zaidi on Friday shared pictures of activities at the Karachi port exploration.
Pakistan's new government is hopeful that the country would succeed in exploring vast reserves of oil and gas off Karachi coast.
Prime Minister Imran Khan in his recent speeches also spoke of the natural resources Pakistan can explore in the coming days with the help of some international companies.
Maritime Minster Ali Haider Zaidi on Friday shared pictures of activities at the Karachi port ahead of exploration work.
Also read: PM Imran says offshore drilling if successful can produce gas reserves enough for 50 years
The minister also posted a picture of ships anchored at the port. "Supply ships transporting equipment to “Mother of All Rigs” docked 230km off the Karachi coast for exploration of oil & gas arrived at KPT.
He wished best to the ExxonMobil and ENI, the companies who are undertaking the drilling,
"let us all pray for a global discovery. From the looks of it, big news Inshallah," he wrote on Twitter.
-
BTC price today: Bitcoin sinks below $65K on trade uncertainty -
Tesla expands Cybertruck lineup with affordable model in US, slashes Cyberbeast price to boost demand -
Uber enters seven new European markets in major food-delivery expansion -
Will Warner Bros finalize deal with Paramount or stays loyal with Netflix's offer? -
$44 billion Bitcoin blunder: Bithumb exchange apologizes for accidental payout -
Global memory chip crunch puts spotlight on Apple; Will iPhone become more pricey? -
Bitcoin plummets toward $60,000 as investors dump risky bets -
Bitcoin crashes below $63K as regulatory pressure and market fears grow