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Pakistan's Mega Energy Project Starts With New Offshore Oil & Gas Reserves | Sun LO Pakistan has just made a historic move! After an 18-year gap, the country has awarded 23 offshore oil and gas exploration blocks in the Arabian Sea. Is this the long-awaited game-changer that will finally pull Pakistan out of its chronic energy crisis and debt cycle? In this exclusive video, we break down the facts behind this massive energy development, the international partners involved, the potential investment, and the jaw-dropping economic benefits that could transform Pakistan's economy forever. Key Facts & International Players We dive deep into the recent awards and the crucial details: The Big Deal: 23 offshore exploration blocks have been awarded, covering over 53,500 square kilometers in the Indus and Makran offshore basins. The Consortia: The effort is led by top local firms (OGDCL, PPL, Mari Petroleum, and Prime Energy) in partnership with international heavyweights. Global Confidence: Key foreign partners include Turkey’s TPAO (Turkish Petroleum Corporation), United Energy Group (Hong Kong), and others. TPAO secured a 25% stake and the right to operate one block, signaling renewed international trust. The Investment: The consortiums have pledged $80 million for the initial (Phase-I) studies. Total investment is projected to hit between $750 million and $1 billion if exploratory drilling proceeds. The Science: This bid follows strong indications of untapped hydrocarbon potential suggested by the study from the US firm DeGolyer and MacNaughton (D&M). 📈 The Mega 'What If' Scenario: 10 Benefits That Could Change Everything If these offshore reserves prove to be commercially viable, the impact on Pakistan's economy would be transformational. We analyze the top 10 potential economic benefits, backed by figures: Massive Import Bill Reduction: Potential to save $8 to $10 billion annually by replacing 50% of imported oil and LNG. This directly strengthens the Pakistani Rupee (PKR). Current Account Surplus: These savings could effectively wipe out Pakistan's typical annual Current Account Deficit (CAD), ending the reliance on frequent IMF programs. FDI Boom: Beyond the initial pledge, a major discovery could attract $15 billion to $25 billion in Foreign Direct Investment (FDI) for development. Energy Self-Sufficiency: The chance to meet 70-80% of local liquid fuel demand, securing Energy Security and shielding the economy from global price shocks. Industrial Boost: Lowering industrial energy costs by 20-30% due to cheaper local gas supply, boosting exports. Reducing Circular Debt (CD): Substituting costly imported fuels can significantly lower the fuel cost component, easing the massive PKR 2.6 trillion Circular Debt crisis. Job Creation: Generating 10,000 to 20,000 high-value direct jobs in engineering and drilling. GDP Growth: Potentially adding 1.5 to 2.5 percentage points to Pakistan's annual GDP growth rate. We also discuss the massive unconfirmed claim that Pakistan might hold the 4th largest oil and gas reserves globally and what that $30-50 Billion FDI scenario would look like! What do YOU think? Will these new offshore blocks finally deliver the $10 Billion annual savings Pakistan desperately needs? Or will we see a repeat of the Kekra-1 setback? Let me know in the comments below! 👇 ➡️ Like, Share, and Subscribe for more deep-dive analyses on the global economy and Pakistan's future!