Friday, April 18, 2014

Sui and Qadirpur gas reserves to end by 2022: Dr Asim

Sunday, February 24, 2013, 15:07
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Advisor to Pm on Petroleum and Natural Resources Dr Asim yesterday mentioned that the stocks in Sui and Qadirpur gasfields would run dry by year 2022. He explained this while talking at a seminar here arranged by the Petroleum Institute of Pakistan (PIP), a representative body of the oil and gas industry, named “Shale Gas Potential in Pakistan.”

Dr. Asim Hussain stated he’s been suggesting the need to balance country’s energy mix, which presently is heavily reliant on natural gas. He said the US Energy Information Administration has believed the shale gas stocks in Pakistan at 51 TCF, low BTU gas reserves 2 TCF and that of tight gas at about 40 TCF. He added that shale gas search is high technical and expensive, therefore, in order to motivate its search, pilot projects were being designed.

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