AVN 50.86 Increased By ▲ 2.76 (5.74%)
BAFL 28.91 Increased By ▲ 0.11 (0.38%)
BOP 3.71 Decreased By ▼ -0.05 (-1.33%)
CNERGY 3.31 No Change ▼ 0.00 (0%)
DFML 11.01 Increased By ▲ 0.11 (1.01%)
DGKC 53.10 Increased By ▲ 0.34 (0.64%)
EPCL 44.05 Increased By ▲ 0.75 (1.73%)
FCCL 12.65 Increased By ▲ 0.20 (1.61%)
FFL 6.27 Increased By ▲ 0.22 (3.64%)
FLYNG 6.07 Increased By ▲ 0.08 (1.34%)
GGL 10.74 Increased By ▲ 0.44 (4.27%)
HUBC 68.67 Decreased By ▼ -0.29 (-0.42%)
HUMNL 6.01 Increased By ▲ 0.15 (2.56%)
KAPCO 22.87 Increased By ▲ 0.04 (0.18%)
KEL 1.86 Increased By ▲ 0.03 (1.64%)
LOTCHEM 29.57 Decreased By ▼ -0.10 (-0.34%)
MLCF 29.08 Increased By ▲ 0.38 (1.32%)
NETSOL 79.96 Increased By ▲ 4.96 (6.61%)
OGDC 78.97 Increased By ▲ 0.77 (0.98%)
PAEL 9.86 Increased By ▲ 0.14 (1.44%)
PIBTL 4.39 Increased By ▲ 0.13 (3.05%)
PPL 61.46 Increased By ▲ 0.39 (0.64%)
PRL 14.79 Decreased By ▼ -0.38 (-2.5%)
SILK 1.07 Decreased By ▼ -0.02 (-1.83%)
SNGP 42.72 Increased By ▲ 0.04 (0.09%)
TELE 7.41 Increased By ▲ 0.46 (6.62%)
TPLP 12.97 Increased By ▲ 0.98 (8.17%)
TRG 100.39 Increased By ▲ 3.89 (4.03%)
UNITY 14.50 Increased By ▲ 1.12 (8.37%)
WTL 1.22 Increased By ▲ 0.06 (5.17%)
BR100 4,212 Increased By 19.2 (0.46%)
BR30 14,605 Increased By 165.7 (1.15%)
KSE100 42,143 Increased By 219.3 (0.52%)
KSE30 14,943 Increased By 70.6 (0.47%)
Follow us

ABU DHABI: The United Arab Emirates on Thursday announced the discovery of the first gas reserves from its offshore exploration concessions as it seeks to achieve gas self-sufficiency.

The Abu Dhabi National Oil Company (ADNOC) said that between 42.5 billion and 56.5 billion cubic metres (between 1.5 trillion and 2 trillion cubic feet) of raw gas was found off the oil-rich country.

Comments

1000 characters

UAE’s ADNOC discovers offshore gas reserves

There will be no winners, say experts ahead of budget announcement

Pakistan’s budget caught between IMF expectations and election

PPP co-chair Zardari calls stakeholders to formulate ‘charter of economy’

Formation commanders’ moot takes note of propaganda campaign regarding May 9 violence

Punjab elections: SC clubs ECP plea with petitions challenging judgement review law

Inter-bank: rupee weakens further, settles at 286.88 against US dollar

Open market: rupee gains, dealers say USD now available

Toshakhana gifts: Imran Khan secures bail till June 21 in ‘fraud’ case

US asks Pakistan to grant consular access to Khadija Shah

USAID announces $16.4mn for Sindh’s flood affectees