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Tag Archives: reserves

Alternate best vital energy source: coal

  It has been estimated that there are above 847 tonnes of proven coal reserves throughout the world. It is anticipated that at the present level of coal production the coal reserves are to last for a period of over 130 years. On the other hand the proven oil and gas reserves are to last around 42 and 60 years respectively at current production level. Coal reserves are available in …

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Khyber Pakhtunkhwa – the new geological frontier for oil, natural gas and lpg

  The Province of Khyber Pakhtunkhwa is rich in Oil and Gas reserves and huge deposits of oil &gas have been discovered in southern belt of the Province, including district Kohat and Karak. Khyber Pakhtunkhwa has opened new avenues of economic development in the province through the exploration of its indigenous oil and gas reserves. Due to the enabling environment created by the Government of Khyber Pakhtunkhwa through KPOGCL, a …

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Migrant remittances hold the key to Pakistan’s economic balance and sustainability

  The economy and foreign exchange reserves of Pakistan like most developing countries across the world rely in part on migration and workers’ remittances. To put things in perspective, the $15.83 billion1 that overseas Pakistani workers (Pakistani Diaspora) sent back home in the country’s fiscal year 2014 from July 01, 2013 to June 30, 2014 contributed to the country’s GDP. An IMF research paper stated that workers’ remittances contributed 4% …

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