Gas in Pakistan might Run Out in the next 15 Years

  • by Sharoon Jan
  • 3 months ago
  • News
  • 1
Gas in Pakistan might Run Out in the next 15 Years

The Oil and Gas Development Company Limited (OGDCL) has predicted that Pakistan will run out of its indigenous oil reserves by 2025. And its gas reserves within the next 15 years.

The Pakistan Institute of Development Economics (PIDE) quoted the OGDCL and said that the current gas reserves will only last 15 years. If the consumption remains at the current levels until 2030.

It made these assessments about the country’s oil and gas reserves in its recent research brief called ‘Gas Crises in Pakistan’. The PIDE also revealed that while gas is the third largest energy resource globally, Pakistan contributes a share that is less than one percent of the global consumption with its 30.6 billion cubic meters of natural gas.

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