Pakistan expect to get Jackpot by digging oil from Arabian Sea: PM Imran Khan

Pakistan PM Imran Khan hopes that the discovery will solve the economic problems of the cash-strapped country as Pakistan  verge of hitting a kind of jackpot in the form of discovering a huge reserve of oil and gas in the Arabian Sea.
The offshore drilling for oil was in final stages and there could be a major find, he added.
In an informal chat with a group of newspaper editors and other senior journalists, Khan did not share details of the offshore drilling process. And there has been no official word from ExxonMobil and the international oil exploration company ENI which have been involved since January in drilling an ultra-deep well (230km inside the sea) for oil in what is known as Kekra-1 area.
Italy’s ENI and US oil major Exxon Mobil are jointly drilling for gas offshore in Pakistan’s Arabian Sea. Many other Western companies have left more than a decade ago because of Islamist militant violence.
“I implore that we all pray that Pakistan gets this natural resource in substantial quantity. Our hopes and expectations from the offshore drilling being carried out by the ExxonMobil-led consortium prove to be true,” he said on Thursday.
“There’s already been a delay of about three weeks, but if the indications we are getting from the companies are anything to go by, there’s a strong possibility that we may discover a very big reserve in our waters. And if that happens, Pakistan will altogether be in a different league,” Mr Khan said.
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