ISLAMABAD: Special Investment Facilitation Council (SIFC) is providing complete support to the government to explore new petroleum reserves, local media reported on Tuesday.
According to Radio Pakistan, in this regard, Oil and Gas Development Company Limited (OGDCL) and China Central Depository and Clearing Company (CCDC) have inked a memorandum of understanding (MoU) to develop Pakistan’s shale and tight gas potential.
OGDCL has already invested around thirty million dollars to tap the shale gas reserves to meet the Pakistan’s energy needs.
