The Discovery of new oil and gas reserves in Sindh province by OGDCL!
The discovery of this new oil and gas reserves in Sindh could be a major turn of events, as it could positively assist the Government in making the state stable. This discovery can help Economy in beating the power crisis and foreign currency deficiency. This could actually make the power affordable in the country which would bring an exponential impact upon the inflation rate of the economy.
As per the OGDCL’s official statement, “The discovery would increase hydrocarbon reserves in the country and the discovery will also have a positive impact on the country’s economy”
As global oil prices have soared after the attack on Saudi Arabia’s biggest oil plant, perhaps, the recent oil and gas discovery can loosen a lot of economical burden off Pakistan if utilized with Honesty and Effeciently.