Resources Exploration:
Oil & Gas:
Pakistan is considered as an oil-rich nation, although untapped, with high estimates of proven and non-proven reserves. Petroleum production is heavily dependent on refining capacity, efficiency, and a stable crude oil supply. Over the years Pakistan has increased its refining capacity, with newer and more efficient refineries set up, but is largely dependent on imports for its crude oil supplies. This problem can be solved if the country is able to extract its own reserves.
a) Shale Oil Reserves:
In a major development, the Energy Information Administration (EIA), the American federal authority on energy statistics and analysis, has estimated fresh recoverable shale gas reserves of 105 trillion cubic feet (TCF) and more than nine billion barrels of oil in Pakistan. At CAS, our team focuses on the exploration and extraction of these finite oil resources, by deeply researching and understanding the current market situation. We have access to FDI which along with market access and political reach will make the extraction of these reserves possible. Timely extraction of these reserves could significantly help Pakistan cope with its ever growing energy needs.
b) Gas:
Pakistan has a well-developed gas transmission structure. It has signed a US$ 7.6 million gas pipeline project which would provide 750 million cubic feet of gas from Iran to Pakistan on a daily basis. The biggest natural gas fields in Pakistan include Kandkhot field, Sui gas field, Toot gas field and Ul Haq field. The Sui gas field is the biggest natural gas field in Pakistan. It is located near Sui in Baluchistan. Sui gas field accounts for 35% of Pakistan's gas production. Remaining reserves are estimated to be at about 800 billion cubic feet and the daily production is around 660 million cubic feet of natural gas. CAS, using its expertise in in-depth research-of location, regulatory policies, and political inroads, makes it possible to attract FDI, which will resultantly help Pakistan in extracting these resources and using them to curb the on-going gas crisis.
