Islamabad: During the previous four years the oil and gas exploration companies have made 101 new discoveries and added 944 mmcfd gas to the system.

Since 2013, more than $10 billion dollars foreign investment also flowed into the petroleum industry. The reserves linked with new discoveries based on 68 discoveries and remaining 33 discoveries are under evaluation. Minister for Petroleum and Natural resources, Shahid Khaqan has said on Monday that five new discoveries of gas and oil have taken place in Sindh.

While addressing a conference in this regard in Islamabad, he furthermore said that these discoveries will lead to the addition of 600 barrels a day of oil and 70 million cubic feet of gas.



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