Mineral Potentials of Balochistan: Dilband - Iron Ore Deposit
Mineral Potentials of Balochistan: Dilband - Iron Ore Deposit
Mineral Potentials of Balochistan: Dilband - Iron Ore Deposit
1.Copper
2.Aluminium
3.Iron
4.Limestone
5.Coal
6.manganese
7. Marble
8.Granite
9.Quartz
10.Zinc
Coal Deposits
Six major coal producing fields are in balochistan. These are khostshahrig-Harnai, Duki, Sor-
Range Dagari, Pir Ismail Ziarat and Mach. The new coal at Chamang-Bahlol has better heating
values as compared to other coals of balochistan.
Reserves > 200 million tones
Thar Coal field –SINDH
The country’s oil sector is regulated by the Ministry of Petroleum and Natural Resources. The
Ministry grants oil concessions by open tender and by private negotiation. BP is currently the
largest oil producer in Pakistan.
Although the level of proved reserves reported by the Pakistan WEC Member Committee has
tended to drift downwards in recent years, natural gas remains a major energy asset for Pakistan.
According to the 2008 BP Statistical Energy Survey, Pakistan had 2007 proved natural gas
reserves of 0.85 trillion cubic metres, with the major gas-producing fields being Sui in
Balochistan and Mari in Sindh. According to the 2008 BP Statistical Energy Survey, Pakistan
had 2007 natural gas production of 30.8 billion cubic metres and consumption of 30.8 billion
cubic metres. Pakistan’s government has plans to build a pipeline from Iran’s massive natural
gas reserves to Indian markets across Pakistani territory.
Overview
According to the EIA Pakistan produced 61,769 barrels per day (bbl/d) of oil in 2003 (of which
60,000 bbl/d was crude oil), and consumed 360,000 bbl/d of petroleum products. Net oil imports
were 308,000 bbl/d in 2003. Pakistani domestic oil production centers on the Potwar Plateau in
Punjab and lower Sindh province.
State-owned Oil and Gas Development Corporation Limited (OGDCL) is a leading firm in the
industry, producing around 22,334 bbl/d according to company information. The government
plans to offer a 15% stake of the company to Pakistan Petroleum Limited (PPL) - the largest
exploration and production firm in Pakistan. Already it has managed to sell a 5% stake in a
public offering in November 2003 for approximately $119 million. Currently the government
controls 93% of the company, which owns the Sui fields in Balochistan, as well as exploration
interests in 22 blocks. The government also has a 35% stake in Pakistan Oilfields Limited (POL).
OGDCL is Pakistan's second-largest oil producer after UK-based BP.
The two most important foreign oil firms in Pakistan are BP and Eni. BP operates 43 fields in
Pakistan and had reported average production of 25,877 bbl/d in 2003. Other firms include BHP
Billiton (Australia) OMV(Austria), Petronas (Malaysia) and Premier Oil (UK).
At the beginning of 2005 Jang reported that the government of Pakistan has granted two licences
to Italian petroleum company ENI and its joint venture Government Holding Pvt Ltd (GHPL) to
undertake oil and gas exploration in two offshore areas. Eni will operate these blocks with a 100
per cent participating interest. The joint venture will invest 16 million dollars during the three
years simultaneously with the execution of production sharing agreement.
As part of the country's privatization process, Pakistan is setting up a Gas Regulatory Authority
(GRA) and the Petroleum Regulatory Board (PRB), which will separate out government
functions from state-owned companies to be privatized.
The under-explored offshore region is being given special emphasis where an oil and gas
discovery can provide a major breakthrough for attracting new risk capital significantly effecting
explore landscape of Pakistan.