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All set to get hands on shale gas deposits ISLAMABAD: Spurred by growing energy needs and steady depletion of producing hydrocarbon resources, government is also diverting resources to get hands on shale gas deposits in the country which are over 10,000 trillion cubic feet(TCF).The public sector company-Oil and Gas Development Company Limited(OGDCL) and Pakistan Petroleum Company Limited(PPL) have been tasked to carry out a pilot project, drilling first Shale gas well in four months in a part of Sindh.The project is being launched following a study conducted in cooperation with USAID, confirming availability of 10,159 trillion cubic feet (TCF) Shale gas and 2,323 billions of stock tank barrels (BSTB) Shale oil in place resources, across the country, says an official source.Elaborating, the source said analysis of 124 wells were carried out including laboratory analysis on Shale Cores and Cuttings in the United States."The Shale gas is a new phenomena worldwide and so far only US Shales have been proved ...

Rusty position of water filtration plants challenged in IHC ISLAMABAD: A citizen has approached Islamabad High Court (IHC) to change the rusty pipes and faulty filters over the water filtration plants in order to save the public at large from diseases in the Federal Capital.Iftikhar Hussain through Yasir Mahmood Chaudhry Advocate filed the petition seeking direction for CDA, Chairman and its DG of Water Management Cell to ensure the availability of clean and pure drinking water at all the filtration plants of the capital.He ...
One-window counter setup in FDA to facilitate plot allottees FAISALABAD: Faisalabad Development Authority (FDA) has set up one-window counter to facilitate the FDA city allotees for giving them possession, demarcation of their plots and issuance of the possession slips to them on the spot. A spokesman of the FDA told APP here Tuesday that as many as 10664 allottees of FDA City scheme would be benefited at one-window counter. He said that electricity has been provided in A & F blocks of the FDA ...
Country has 2,000 MMCFD gas shortage: NA told ISLAMABAD: Parliamentary Secretary for Petroleum and Natural Resources Shahzadi Umarzadi Tiwana on Tuesday informed the National Assembly that the country has around 2,000 MMCFD shortage of gas adding that gas was being supplied to textile industry for 6 hours daily.Responding to a Calling Attention Notice raised by Haji Muhammad Akram Ansari and others regarding discontinuation of gas supply to the textile industry as well as suspension thereof for the domestic consumers in Faisalabad, she said ...
Per acre wheat production can be doubled in Punjab: UAF VC FAISALABAD: University of Agriculture Faisalabad (UAF) Vice Chancellor Prof Dr Iqrar Ahmad Khan has said that per acre wheat production in Punjab can be doubled easily by adopting the recommendations of agricultural experts. Talking to the farmers' convention at Iqbal Auditorium as part of five-day UAF Rabi festival kicked off on Monday, he said the province was getting only 30 maunds wheat per acre against the potential of 70 maunds in every tehsil. He said ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln