Special Investment Facilitation Council is providing full support to the government to discover new petroleum reserves. In this regard, Oil and Gas Development Company Limited (OGDCL) and China Central Depository and Clearing Company (CCDC) have signed a memorandum of understanding to develop Pakistan's shale and tight gas potential. OGDCL has already invested thirty million dollars to tap the shale gas reserves to meet the country's energy needs. Source: Radio Pakistan
Recent News
Pakistan Car Sales Jump 39% as Tractor Demand Slips
August 28, 2026
AI Push Lifts Pakistan’s Call Centre Exports 19% to $322 Million
August 28, 2026
Pakistan Puts Responsible AI at Centre of Food-Security Push
August 28, 2026
Monsoon Waterlogging And Pest Threats Put Crops At Risk
August 28, 2026