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Pak has record gas, oil reserves: EIA

Pak has record gas, oil reserves: EIA

Media reports, quoting US Energy Information Administration (EIA), say that Pakistan has untapped shale gas reserves of about 105 trillion cubic feet (TCF) and over nine billion barrels of oil. Pakistan currently produces about 4.2 billion cubic feet of gas and about 70,000 barrels of oil a day. The estimates by EIA are greater than Pakistan's proved hydrocarbon reserves of 24 TCF for gas and about 300 million barrels of oil, the media reports said.