US EIA Says Pakistan Has Huge Shale Oil Reserves

Discussion in 'Pakistan' started by farhan_9909, Jun 17, 2013.

  1. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Pakistan has more shale oil than Canada, according to the US Energy Information Administration (EIA) report released on June 13, 2013.

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    The US EIA report estimates Pakistan's total shale oil reserves at 227 billion barrels of which 9.1 billion barrels are technically recoverable with today's technology. In addition, the latest report says Pakistan has 586 trillion cubic feet of shale gas of which 105 trillion cubic feet (up from 51 trillion cubic feet reported in 2011) is technically recoverable with current technology.

    The top ten countries by shale oil reserves include Russia (75 billion barrels), United States (58 billion barrels), China (32 billion barrels), Argentina (27 billion barrels), Libya (26 billion barrels), Venezuela (13 billion barrels), Mexico (13 billion barrels), Pakistan (9.1 billion barrels), Canada (8.8 billion barrels) and Indonesia (8 billion barrels).

    Pakistan's current annual consumption of oil is only 150 million barrels. Even if it more than triples in the next few years, the 9.1 billion barrels currently technically recoverable would be enough for over 18 years. Similarly, even if Pakistan current gas demand of 1.6 trillion cubic feet triples in the next few years, it can be met with 105 trillion cubic feet of technically recoverable shale gas for more than 20 years. And with newer technologies on the horizon, the level of technically recoverable shale oil and gas resources could increase substantially in the future.

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    Source: US EIA Report 2013

    As can be seen in the shale resource map, most of Pakistan's shale oil and gas resources are located in the lower Indus basin region, particularly in Ranikot and Sembar shale formations.

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    Source: US EIA Report 2013

    Since the middle of the 18th century, the Industrial Revolution has transformed the world. Energy has become the life-blood of modern economies. Energy-hungry machines are now doing more and more of the work at much higher levels of productivity than humans and animals who did it in pre-industrial era. Every modern, industrial society in history has gone through a 20-year period where there was extremely large investment in the power sector, and availability of ample electricity made the transition from a privilege of an urban elite to something every family would have. If Pakistan wishes to join the industrialized world, it will have to do the same by having a comprehensive energy policy and large investments in the power sector. Failure to do so would condemn Pakistanis to a life of poverty and backwardness.




    The availability of large domestic shale oil and gas expands the opportunity to reduce Pakistan's dependence on imports to overcome the current energy crisis and to fuel the industrial economy. But it'll only be possible with high priority given to investments in developing the energy sector of the country.

    Haq's Musings: US EIA Estimates Pak Shale Oil Reserves at 9.1 Billion Barrels
     
    Last edited: Jun 17, 2013
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  3. farhan_9909

    farhan_9909 Tihar Jail Banned

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  4. Blackwater

    Blackwater Veteran Member Veteran Member

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    nikale ga kon ????( who will extract it)??


    :rofl::rofl::rofl::rofl:
     
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  5. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    Anything from that gasbag Riaz Haq needs to be thrown into the dustbin. I know there there is an "original source" for the article too, but anything that this useless fellow "Riaz Haq" vomits is not worth a second glance. This moron is just an internet troll who twists statistics and facts to present a distorted picture of the shitpot that the Paki nation is in.
     
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  6. rock127

    rock127 Maulana Rockullah Senior Member

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    So it's time for US to invade Pakistan? :hmm:

    Oh wait Pakistan is already a US colony.
     
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  7. Singh

    Singh Phat Cat Administrator

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    Last edited by a moderator: May 10, 2015
  8. Abhijeet Dey

    Abhijeet Dey Regular Member

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    Hmmm............... Good opportunity for ZAID HAMID (lal topi) to make Pakistan rich and continue jihad against India. :hmm:
     
  9. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Last edited by a moderator: May 10, 2015
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  10. Blackwater

    Blackwater Veteran Member Veteran Member

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  11. Decklander

    Decklander New Member

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    @farhaan_9909, do you remember My prediction about drowing Pakistan in floods this year again?

    Well the early arrival of monsoons and its extremely fast coverage over whole of India has created that situation. Forget about extracting shale gas, look for boats. Our dams will be overflowing by end of July and in August we will have to release water downstream into Pakistan to avoid floods in our country.

    JAI HO, see how my predictions come true!!!!
     
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  12. Dovah

    Dovah Untermensch Senior Member

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    Is a thread with Haq's Musing's as source really worth having?
     
  13. farhan_9909

    farhan_9909 Tihar Jail Banned

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    we pakisanis ofcourse with the help of mahindra
     
  14. farhan_9909

    farhan_9909 Tihar Jail Banned

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    hehehehe

    mazak ki gapshap nhi tii apkay sath hamari
     
  15. farhan_9909

    farhan_9909 Tihar Jail Banned

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    @Decklender

    recently this happened in india

    100 houses collapse; 25 dead, over 50 missing as rain batters Uttarakhand | NDTV.com

    1500 tourists stranded in Himachal Pradesh after heavy rain | NDTV.com

    to be followed by few pics

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  16. Blackwater

    Blackwater Veteran Member Veteran Member

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    :sarcastic::sarcastic::sarcastic:


    And at what price paki public will get???
     
  17. Blackwater

    Blackwater Veteran Member Veteran Member

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  18. t_co

    t_co Senior Member Senior Member

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    Are you seriously trying to score internet points via threats to flood urban areas full of innocent people?
     
  19. Blackwater

    Blackwater Veteran Member Veteran Member

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    Pakis and innocent:wave::rofl:


    Well we have to release water under Indus water treaty anyhow:p:p
     
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  20. Decklander

    Decklander New Member

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    these rains this time are going to be really too difficult to handle for whole of SA. Five of the seven main rivers of the north India flow into Pakistan and three of the main rivers of India flow into bangladesh. It is going to be terrible for all but a bit better for India as we have lots of dams which help divert this water in our territory but wht abt Pakistan and Bangladesh. Any cyclone over head bay or in Arabian Sea will completely drown BD & Pak. Infact even River Yamuna is flowing 2m above danger mark in Delhi.
     
  21. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Pakistan's Shale Oil worths $8.64 trillion.
     

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