The “proven oil supplies” are always a complex object, because the reported numbers are often misleading and are subject to uneven fluctuations.
Therefore, experts are confused in the announcement of President Donald Trump that the US and Pakistan have made an agreement, and both countries cooperate on the development of massive oil reserves of Pakistan in a country that is a great importer of oil.
Evidence of this “reserve” is still slightly better than depressing. Pakistan experienced a number of unsuccessful attempts to explore at sea. It is proven renewable conventional oil reserves between 234 million and 353 million barrels with various estimates, place it around 50. Position in the world.
Read also: Trump announces the US Agreement in Pakistan about the development of “massive” reserves of oil, talks about relief for allies
In a real sense, it is only 0.021 % of global oil reserves. For Pakistan, his reserves would cover less than two years without imports.
India, unlike one that is the third largest oil consumer in the world, has approximately 4.9 billion barrels of oil reserves, among the top 25 to be among the top 25. This is approximately 0.29 % of the total oil reserves in the world.
It says the former Indian High Commissioner to Pakistan, G Partharathy: “This is a desperate attempt by the American-Pakistan axis to blackmail India. If China had the smallest idea of oil reserves in Pakistan, do you think it would sit on her haunch?”
Islamabad said when he described the US-Pak agreement as the brand of a wider partnership with Washington, his Minister of Finance Muhammad Aurangzeb, he admitted that there was a greater economic and strategic agreement.
Pakistan’s dependence on China
Washington was concerned about Pakistan’s shutdown, nuclear armed countries with 240 million people, from growing addiction to China.
Slate extraction was not developed in Pakistan, although the 2015 US Energy Information study estimated the technically renewable slate source of 9.1 billion barrels for Pakistan.
It points to Santan Saikia, the editor Indianpetroplus.com: “Pakistani oil and gas discoveries have to be confirmed. Some seismic surveys have introduced forecasting reserves, but they would not be confirmed if it was not confirmed if it could not last for 10 years.”
Oil is the largest import item in Pakistan, $ 11.3 billion in the year of the end of June 30, 2025, which represents almost one fifth of the total import account, the central bank data showed.
Politicians who claim to be reinforced by their voting bank about the discovery of oil is not unusual, but it is quite different for kerosene specialists who support these claims.
The exaggerated claim to the “massive oil reserve” owes its origin to the former Pakistani Prime Minister Imran Khan, who in March 2019 announced at sea “possible massive finding”. Not unnaturally it was offered as “the largest Asian oil and gas reserve”.
The clock after the announcement of Khan denied the Pakistani oil division and stated that the drill did not bring the required results, according to the report 2024 in Dawn, based in Karachi.
The report also stated that Exxonmobil, Eni, Pakistan Petroleum Limited and ROP -gas Development Company Limited drilled over 5,500 meters, but did not find reserves of oil or gas.
“The drilling work has now been abandoned,” Dawnnewstv, the clerk.
“In recent years, the main oil commanders – Total, Shell and Eni – Pakistan have performed on one or the other excuse. Security remains the main problem,” Dawn said.
With politics and security, most of his petroleum reserves are never too far apart in Pakistan, a province rich in resources that is against the country’s military establishment.
However, scientists see a potential trend. He says ROP expert, Piyush Pandey, “US-Pakistan’s energy alliance, if implemented and maintained, could act as a catalyst for Pakistan’s energy independence, infrastructure development and industrial growth.
If this happens, India could also face price pressure in South Asia LNG or refined markets with a product, if Pakistan begins to export Downstream products or negotiate energy transit routes, Pandey said this reporter.
Currently, this scenario looks a few distance. Approximately $ 1.02 billion Iranian gasoline and diesel were illegally transported to Pakistan in 2023, Iran International informed and quoted a report on Pakistan Military Intelligence.
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