SIFC’s support leading to increase in oil, gas reserves

Pakistan has reported a significant increase in its oil and gas reserves—the first since 2020—marking a major milestone in the country's energy development efforts.

The advancement comes through the strategic support of the Special Investment Facilitation Council (SIFC), which has actively promoted exploration and investment in the energy sector. The Council’s initiatives have played a vital role in reviving investor confidence and accelerating energy-related projects nationwide.

According to a recent report, the country’s oil reserves have risen from 193 million barrels to 238 million barrels, a considerable increase that highlights Pakistan’s growing focus on energy security. This breakthrough is expected to help curb the country’s dependence on imported fuels and address recurring energy shortages.

Efforts are underway to further enhance domestic energy resources, with a coordinated approach driven by the SIFC. By facilitating exploration, encouraging investment, and streamlining policy, the Council is shaping a more stable and self-reliant energy future for Pakistan.