Large gas deposit discovered in North Waziristan

Large gas deposit discovered in North Waziristan

Great news for gas consumers. Mari Petroleum discovers huge gas reserves in North Waziristan

1 trillion cubic feet of gas was discovered in the Bannu West Block, which would save 1.5 1.5 billion in foreign exchange annually. Production of 25 million cubic feet of gas has begun.

Additional wells will supply 200 million cubic feet per day. Production of 300 barrels per day of crude oil also started from Bannu West Block. On the direction of MD Mari Petroleum Faheem Haider, the company started drilling on June 6, 2021 and drilled up to 4,915 meters.

This is the first oil and gas discovery in North Waziristan, said Mari Petroleum spokesman. The new discovery will help meet the demand for oil and gas. The new discovery will increase the country’s hydrocarbon reserves. Discovering local resources will save foreign exchange reserves.

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