Trump Announces Plan to Tap Pakistan’s ‘Massive’ Oil Reserves, Experts Urge Caution

Aug 9 - When U.S. President Donald Trump announced last week that Washington and Islamabad would work together to develop Pakistan’s “massive” oil Kenya breaking news | Kenya news today |..
✨ Key Highlights
Former U.S. President Donald Trump announced a plan for the United States to partner with Pakistan to develop Pakistan’s “massive” oil reserves, a declaration that was met with surprise and skepticism in Pakistan due to a history of unsuccessful exploration.
- The U.S. Energy Information Administration (EIA) suggests Pakistan may hold as much as 9.1 billion barrels of recoverable oil, though confirmed deposits are much smaller.
- Energy analyst Afia Malik cautioned that Pakistan's oil reserves remain unproven, and she cited "red tape, political interference, and bureaucratic inefficiencies" as deterrents to foreign investment.
- Pakistan produced fewer than 100,000 barrels of oil per day in 2023, and its most ambitious exploration effort in 2019, involving ExxonMobil, found no oil or gas.
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