This is a Pakistan news story, published by OilPrice, that relates primarily to Musadik Malik news.
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recoverable oil reservesOilPrice
•76% Informative
Pakistan has 235 trillion cubic feet (tcf) of gas reserves, Pakistan 's energy import bill in 2023 clocked in at $17.5 billion , a figure projected to rise to $31 billion in seven years .
Pakistan has been hit with mounting debt and skyrocketing inflation, with inflation hitting nearly 30% .
Some estimates suggest that this discovery constitutes the fourth -largest oil and gas reserves in the world.
In July , the country’s Petroleum Minister, Musadik Malik , told a parliamentary committee that no international companies were interested in offshore oil and gas exploration in Pakistan .
Malik explained to the committee that the cost of security is a major deal-breaker.
In March this year , five Chinese engineers were killed in a suicide attack in Pakistan 's northest, when a vehicle rigged with explosives rammed into a bus transporting staff from Islamabad to the giant Dasu dam project.
VR Score
76
Informative language
79
Neutral language
51
Article tone
formal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
Source diversity
7
Affiliate links
no affiliate links