The number of barrels of oil reserves has increased from 193 million to 238 million.
With the help of the Special Investment Facilitation Council, the Energy Sector has advanced. New energy project discoveries and local investment have been made possible by SIFC’s facilitation.
Oil and gas reserves have increased significantly for the first time since 2020.
Oil reserves have grown from 193 million barrels to 238 million barrels, according to a research by Arif Habib.
New initiatives to alleviate persistent energy shortages and lessen reliance on imports are supported by this increase in reserves. Enhancing domestic energy supplies is a crucial component of the nation’s long-term energy security plan.
The SIFC’s ongoing assistance has been crucial in facilitating these advancements and has enabled the growth of oil and gas reserves.
