Real Facts “Balochistan Oil & Gas Reserves”

Posted: March 21, 2013 in Random Posts
Tags: , , , , , , ,

Conspiracy theory of Balochistan Oil and Gas Reserves

According to the Oil & Gas Journal, an industry publication, Pakistan’s total proven gas reserves were 31.3 trillion cubic feet as of January 1, 2009. That number sounds like a lot but it means that Pakistan is ranked 25th in the world in terms of gas reserves.

Iran’s reserves are 32 times higher and Russia’s are 54 times greater. Even tiny Qatar has 29 times more gas than Pakistan.

All of those legendary stories about Balochistan having massive gas fields are just that: myths and legends. It turns out that, despite Sui being one of the largest gas fields in the country, most of the country’s gas does not come from Balochistan. In fact, about 71 per cent comes from Sindh.

It is possible that there are large unknown reserves of gas in Balochistan, but policy decisions, especially major ones, should probably not be based on an assumption of the existence of undiscovered resources.

Officials of Pakistan Petroleum Limited (PPL) told the committee that gas production in Sui was falling by 5% every passing year and the reserves would wear out by 2022. Remaining reserves are estimated to be at 2 trillion cubic feet

as

Table.2            Province-wise Annual Gas Production: 2006-7

Province

Non-Associated Gas (MMCF)

Associated Gas (MMCF)

Total (MMCF)

Percentage

SindhPunjab

NWFP

Balochistan

979,198

52,481

22,818

318,188

21,217

16,127

3,552

0

1,000,415

68,608

26,370

318,188

70.77

4.58

1.86

22.50

Pakistan

1372,685

40,896

1413,581

100%

Source: Pakistan Energy Yearbook 2007

 

 

 

Province

Non-Associated Gas (MMCF)

Associated Gas (MMCF)

Total (MMCF)

Percentage

Sindh

Punjab

NWFP

Balochistan

979,198

52,481

22,818

318,188

21,217

16,127

3,552

0

1,000,415

68,608

26,370

318,188

70.77

4.58

1.86

22.50

Pakistan

1372,685

40,896

1413,581

100%

Source: Pakistan Energy Yearbook 2007

Normal
0

false
false
false

EN-US
X-NONE
AR-SA

st1:*{behavior:url(#ieooui) }

/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:”Calibri”,”sans-serif”;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:Arial;
mso-bidi-theme-font:minor-bidi;}

Enhanced by Zemanta
Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s