Oil, gas reserves hit 3.72b BOE
Pakistan's recoverable oil and gas reserves climbed to an estimated 3.72 billion barrels of oil equivalent (BOE) by June 2026, as new discoveries and reserve upgrades offset depletion at several mature fields, according to an Arif Habib Limited (AHL) research report based on Pakistan Petroleum Information Service (PPIS) data. The country's oil reserves increased 15% year-on-year to 276 million barrels from 240 million barrels in June 2025. Natural gas reserves rose 9% to 20,664 billion cubic feet (bcf), compared with 18,981 bcf a year earlier.