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Pakistan receives 23 bids for offshore drilling amid renewed interest in oil reserves
Petroleum Ministry estimates investment of $80 million-$1 billion in country’s oil and gas exploration sector
Oct 31, 2025
Oct 31, 2025
Petroleum Ministry estimates investment of $80 million-$1 billion in country’s oil and gas exploration sector
Total oil reserves up 1% to 239.6M barrels, gas reserves climb 5% to 19tcf
The surge followed a tweet from U.S. President Donald Trump announcing a strategic partnership with Pakistan to develop its oil reserves
The development sparked activity in the textile sector and led to appreciable gains in the oil and gas sector
