Oil, gas reserves not found in Karachi’s coast: PM’s aide on petroleum

ISLAMABAD: Oil and gas reserves have not been found in offshore drilling off Karachi coast, Special Assistant to PM on Petroleum Nadeem Babar said on Saturday. Pakistan was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea. US oil giant Exxon Mobil, Italy’s ENI and a couple other companies had been involved in...

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