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Business - September 14, 2025

Efforts for exploration of oil accelerated under SIFC

The efforts for the timely exploration of oil have been accelerated under the Special Investment Facilitation Council (SIFC).

According to the details, Pakistan has a capacity of 1,234 million barrels of oil reserves, while 249.05 million barrels are still available.

Timely oil exploration will secure economic importance and reduce external dependence.

A new era of Pakistan’s energy self-sufficiency will begin from local production.

Besides, the US-Pakistan oil partnership will guarantee a bright economy and a strong future.

The agreement with Turkiye on forty offshore blocks will also prove to be a game-changer for the country’s energy security.