Pakistan, Türkiye Revive Offshore Oil/Gas Hunt After Two Decades

Pakistan and Türkiye are reviving offshore oil and gas exploration after nearly two decades, with a seismic vessel from Turkish Petroleum Offshore Company (TPOC) expected in Karachi between November 17-20. Federal Minister for Petroleum Ali Pervaiz Malik reviewed preparations for this significant milestone, which follows the Mecca Agreement and aims to strengthen energy security. The initiative involves high-level coordination among various government departments and stakeholders. While a positive step for long-term energy independence, this initial exploration phase is unlikely to have an immediate impact on gold or currency rates.

بحوالہ / Source: www.brecorder.com