Pakistan’s Massive Oil Discovery Impact
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Source: Strait Talk Oct 10, 2024 No Comments
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Category: Asia, Featured, Highlights, Videos, World Affairs Topics: Economy, Energy Crisis, Energy Industry, Global Energy Markets, Oil, Pakistan
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A blue-water economy. That's how Pakistani officials are describing the major oil and gas deposits found in the country's territorial waters. Some estimates put the discovery as the world's fourth largest reserves.
Currently, the country imports over 80% of its oil needs. However, experts caution it could take several years and billions of dollars in investments to fully utilise the oil and gas deposits. Proposals for bidding and exploration are already under consideration.
The discovery comes as Pakistan grapples with skyrocketing living costs and $126B in debt. One country that could be set to help Pakistan tap those newly found energy reserves could be China, which has already invested billions in its infrastructure.
As a part of Beijing’s' Belt and Road Initiative, China is constructing a 3,000km long infrastructure network, costing $62 billion. But could other countries also step in?
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Pakistan and its neighbour, Iran, signed a pipeline deal in 2010 but much of the project remains stalled.
How will Pakistan's latest oil discovery affect the region's already volatile energy market? And will outside powers find themselves in competition to develop this newly found source of wealth?
Category: Asia, Featured, Highlights, Videos, World Affairs
Topics: Economy, Energy Crisis, Energy Industry, Global Energy Markets, Oil, Pakistan
Topics: Economy, Energy Crisis, Energy Industry, Global Energy Markets, Oil, Pakistan
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How Pakistan’s Oil Discovery Could Change Global Markets
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Imran Khan Writes From Prison: Why the World Must Pay Attention To Pakistan
Grooming gangs: ‘This vile racist campaign puts Muslims in serious danger’
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Documenting the Islamabad Massacre and Aftermath
Bloodshed and Democracy: Pakistan’s Fight for Change
Islamabad's Darkest Hour: Justice Demands Met with Deadly Force
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Elon Musk Shocks the Deep State
a:18:{s:8:"theTitle";s:56:"U.S. Role in Lawfare Against Pakistani Leader Imran Khan";s:12:"thePermalink";s:90:"https://www.islamicity.org/103250/u-s-role-in-lawfare-against-pakistani-leader-imran-khan/";s:13:"theAuthorName";s:14:"Darren Beattie";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/v-UQKZ7oSl0/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=v-UQKZ7oSl0";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:43:"neo conservatives|/topics/neo-conservatives";s:7:"theDate";s:10:"Nov 3 2024";s:11:"theDate_ORG";s:41:"November 3, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:33:"Darren Beattie|/by/darren-beattie";s:5:"theID";i:103250;s:14:"theReadingTime";s:6:"9 min.";s:10:"theExcerpt";s:80:"Darren Beattie reveals U.S. role in lawfare against Pakistani leader Imran Khan.";s:12:"theTitle_ORG";s:56:"U.S. Role in Lawfare Against Pakistani Leader Imran Khan";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
U.S. Role in Lawfare Against Pakistani Leader Imran Khan
a:18:{s:8:"theTitle";s:47:"BRICS: Saudi Arabia Just Hit the Reject Button!";s:12:"thePermalink";s:80:"https://www.islamicity.org/103216/brics-saudi-arabia-just-hit-the-reject-button/";s:13:"theAuthorName";s:19:"Geopolitical Trends";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/aiylfg97WQk/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=aiylfg97WQk";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:17:"iran|/topics/iran";s:7:"theDate";s:11:"Oct 31 2024";s:11:"theDate_ORG";s:41:"October 31, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:47:"Geopolitical Trends|/source/geopolitical-trends";s:5:"theID";i:103216;s:14:"theReadingTime";s:6:"1 min.";s:10:"theExcerpt";s:186:"Saudi Arabia has sent shockwaves around the world by declining an invitation to join the BRICS economic bloc.
What are the implications of this move and what does it mean for th......";s:12:"theTitle_ORG";s:47:"BRICS: Saudi Arabia Just Hit the Reject Button!";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
BRICS: Saudi Arabia Just Hit the Reject Button!
a:18:{s:8:"theTitle";s:58:"How Pakistan’s Oil Discovery Could Change Global Markets";s:12:"thePermalink";s:90:"https://www.islamicity.org/103181/how-pakistans-oil-discovery-could-change-global-markets/";s:13:"theAuthorName";s:14:"Caspian Report";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/JKlJ6OW67Bk/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=JKlJ6OW67Bk";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:49:"oil and gas industry|/topics/oil-and-gas-industry";s:7:"theDate";s:11:"Oct 28 2024";s:11:"theDate_ORG";s:41:"October 28, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:37:"Caspian Report|/source/caspian-report";s:5:"theID";i:103181;s:14:"theReadingTime";s:7:"19 min.";s:10:"theExcerpt";s:71:"Massive oil and gas reserves have been discovered in Pakistan's waters.";s:12:"theTitle_ORG";s:58:"How Pakistan’s Oil Discovery Could Change Global Markets";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
How Pakistan’s Oil Discovery Could Change Global Markets
a:18:{s:8:"theTitle";s:63:"From U.S. Dominance to Emerging Powers: A Global Economic Shift";s:12:"thePermalink";s:96:"https://www.islamicity.org/103129/from-u-s-dominance-to-emerging-powers-a-global-economic-shift/";s:13:"theAuthorName";s:17:"Siraj Islam Mufti";s:12:"theThumbnail";s:87:"https://media.islamicity.org/wp-content/uploads/2024/10/Islamic-finance-and-economy.jpg";s:6:"isWhat";s:7:"article";s:7:"theIcon";s:0:"";s:8:"theEmbed";s:0:"";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:20:"brics+|/topics/brics";s:7:"theDate";s:11:"Oct 25 2024";s:11:"theDate_ORG";s:41:"October 24, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:39:"Siraj Islam Mufti|/by/siraj-islam-mufti";s:5:"theID";i:103129;s:14:"theReadingTime";s:7:"20 min.";s:10:"theExcerpt";s:103:"Today the U.S. is the World’s largest economy and a leadership position in various international i...";s:12:"theTitle_ORG";s:63:"From U.S. Dominance to Emerging Powers: A Global Economic Shift";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
From U.S. Dominance to Emerging Powers: A Global Economic Shift
Imran Khan Writes From Prison: Why the World Must Pay Attention To Pakistan
a:18:{s:8:"theTitle";s:78:"Grooming gangs: ‘This vile racist campaign puts Muslims in serious danger’";s:12:"thePermalink";s:106:"https://www.islamicity.org/103873/grooming-gangs-this-vile-racist-campaign-puts-muslims-in-serious-danger/";s:13:"theAuthorName";s:15:"Middle East Eye";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/-1WBZ95Cdkw/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=-1WBZ95Cdkw";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:27:"elon musk|/topics/elon-musk";s:7:"theDate";s:11:"Jan 14 2025";s:11:"theDate_ORG";s:41:"January 14, 2025 {wpcf-soft-date engaged}";s:9:"theAuthor";s:39:"Middle East Eye|/source/middle-east-eye";s:5:"theID";i:103873;s:14:"theReadingTime";s:6:"4 min.";s:10:"theExcerpt";s:186:"In a time when trust in British politics is at an all-time low, recent events have exposed how far some politicians are willing to go to exploit sensitive issues for political gain......";s:12:"theTitle_ORG";s:78:"Grooming gangs: ‘This vile racist campaign puts Muslims in serious danger’";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
Grooming gangs: ‘This vile racist campaign puts Muslims in serious danger’
a:18:{s:8:"theTitle";s:91:"Imran Khan’s sister alleges massacre during Pakistan protest, claims brother was tortured";s:12:"thePermalink";s:122:"https://www.islamicity.org/103573/imran-khans-sister-alleges-massacre-during-pakistan-protest-claims-brother-was-tortured/";s:13:"theAuthorName";s:8:"Abc News";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/1mOsEYpTOvo/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=1mOsEYpTOvo";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:29:"imran khan|/topics/imran-khan";s:7:"theDate";s:10:"Dec 4 2024";s:11:"theDate_ORG";s:41:"December 4, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:25:"Abc News|/source/abc-news";s:5:"theID";i:103573;s:14:"theReadingTime";s:7:"13 min.";s:10:"theExcerpt";s:186:"In an interview, Alima Khan discussed her visit to her brother, former Pakistani Prime Minister Imran Khan, who is currently imprisoned.
She described him as physically well and......";s:12:"theTitle_ORG";s:91:"Imran Khan’s sister alleges massacre during Pakistan protest, claims brother was tortured";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
Imran Khan’s sister alleges massacre during Pakistan protest, claims brother was tortured
a:18:{s:8:"theTitle";s:48:"Documenting the Islamabad Massacre and Aftermath";s:12:"thePermalink";s:83:"https://www.islamicity.org/103543/documenting-the-islamabad-massacre-and-aftermath/";s:13:"theAuthorName";s:17:"Humanity Inspired";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/Ny9za3ql5bk/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=Ny9za3ql5bk";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:27:"islamabad|/topics/islamabad";s:7:"theDate";s:11:"Nov 30 2024";s:11:"theDate_ORG";s:42:"November 30, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:43:"Humanity Inspired|/source/humanity-inspired";s:5:"theID";i:103543;s:14:"theReadingTime";s:7:"38 min.";s:10:"theExcerpt";s:166:"Documenting the Islamabad massacre and its aftermath on 26th of November 2024 where tens if not hundreds of protesters perished at the hands of the Pakistan State....";s:12:"theTitle_ORG";s:48:"Documenting the Islamabad Massacre and Aftermath";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
Documenting the Islamabad Massacre and Aftermath
a:18:{s:8:"theTitle";s:54:"Bloodshed and Democracy: Pakistan’s Fight for Change";s:12:"thePermalink";s:85:"https://www.islamicity.org/103524/bloodshed-and-democracy-pakistans-fight-for-change/";s:13:"theAuthorName";s:7:"Dw News";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/beSp68rzX8w/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=beSp68rzX8w";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:51:"street protest (rally)|/topics/street-protest-rally";s:7:"theDate";s:11:"Nov 29 2024";s:11:"theDate_ORG";s:42:"November 27, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:23:"Dw News|/source/dw-news";s:5:"theID";i:103524;s:14:"theReadingTime";s:7:"28 min.";s:10:"theExcerpt";s:156:"The video examines the political turbulence in Pakistan, focusing on the widespread protests following the imprisonment of former Prime Minister Imran Khan.";s:12:"theTitle_ORG";s:54:"Bloodshed and Democracy: Pakistan’s Fight for Change";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
Bloodshed and Democracy: Pakistan’s Fight for Change
a:18:{s:8:"theTitle";s:63:"Islamabad's Darkest Hour: Justice Demands Met with Deadly Force";s:12:"thePermalink";s:96:"https://www.islamicity.org/103515/islamabads-darkest-hour-justice-demands-met-with-deadly-force/";s:13:"theAuthorName";s:8:"Sbs News";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/ln-B8n0mJCk/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=ln-B8n0mJCk";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:25:"pakistan|/topics/pakistan";s:7:"theDate";s:11:"Nov 27 2024";s:11:"theDate_ORG";s:42:"November 26, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:25:"Sbs News|/source/sbs-news";s:5:"theID";i:103515;s:14:"theReadingTime";s:7:"28 min.";s:10:"theExcerpt";s:186:"Security forces in Pakistan launched a major raid on supporters of jailed former Prime Minister Imran Khan who had come together in the capital Islamabad.
Pakistan's main oppositi......";s:12:"theTitle_ORG";s:63:"Islamabad's Darkest Hour: Justice Demands Met with Deadly Force";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
Islamabad's Darkest Hour: Justice Demands Met with Deadly Force
a:18:{s:8:"theTitle";s:33:"Islamabad Under Security Lockdown";s:12:"thePermalink";s:68:"https://www.islamicity.org/103499/islamabad-under-security-lockdown/";s:13:"theAuthorName";s:10:"Al Jazeera";s:12:"theThumbnail";s:56:"https://img.youtube.com/vi/wmX__7rqEdQ/maxresdefault.jpg";s:6:"isWhat";s:5:"video";s:7:"theIcon";s:33:"";s:8:"theEmbed";s:43:"https://www.youtube.com/watch?v=wmX__7rqEdQ";s:11:"theCategory";s:44:"cannot-retrieve-category-see-cell-part-1.php";s:6:"theTag";s:51:"street protest (rally)|/topics/street-protest-rally";s:7:"theDate";s:11:"Nov 26 2024";s:11:"theDate_ORG";s:42:"November 26, 2024 {wpcf-soft-date engaged}";s:9:"theAuthor";s:29:"Al Jazeera|/source/al-jazeera";s:5:"theID";i:103499;s:14:"theReadingTime";s:7:"28 min.";s:10:"theExcerpt";s:113:"Pakistan's capital is sealed off. Security forces have been deployed to stop Imran Khan's supporters...";s:12:"theTitle_ORG";s:33:"Islamabad Under Security Lockdown";s:25:"processRelatedFacetsTitle";s:0:"";s:15:"whereItCameFrom";s:126:"content.php & related posts > post_tag=economy OR energy-crisis OR energy-industry OR global-energy-markets OR oil OR pakistan";}
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