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Perth
August 22, 2019
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Business Pakistan Punjab

Oil, gas reserves found in Kalabagh- MPCL

ISLAMABAD: A new reservoirs of oil and gas have been found in in Kalabagh’s Karak block, reported Dunya News .

 Mari Petroleum Company Limited (MPCL) announced on Saturday that they had discovered a new reserve of oil and gasKarak block of Kalabagh.

According to MPCL press release, in order to find out the reserve 3000m drilling was done.

Initially, 3.3 million cubic feet gas and 160 barrel crude oil is being dug out annually.

This is the second discovery made by MCPL in Kalabagh’s Karak block and is considered to increase the oil and gas demand and will also save foreign exchange.