KARACHI: Pakistan Navy, with support from China, has discovered large gas reserves deep beneath the sea during a joint survey, a senior former naval officer revealed.
The discovery was announced by Rear Admiral (retd) Fawad Amin Baig during Pakistan Navy Day celebrations on September 8. The day is observed to honor the sacrifices and achievements of the Navy in protecting the country’s waters.
Baig said Pakistan’s seas are rich in minerals and marine resources, which could greatly improve the country’s economy if used wisely. “The Pakistan Navy played a key role in exploring these resources,” he said during a private TV program.
The survey, conducted with Chinese assistance, confirmed the presence of significant gas deposits under Pakistan’s seabed. Rear Admiral Baig urged the government to attract investors, saying that with the right technology and funding, these resources could be used to support the country’s development.
— ALSO READ —
CSA starts second batch of training for minority CSS aspirants
However, he warned of challenges, stating, “Whenever Pakistan moves toward progress, hostile fifth-generation warfare tactics are used to scare away investors.”
Baig expressed hope that the Special Investment Facilitation Council, along with the joint efforts of the military and political leadership, would help build a stronger economy and encourage investment in this sector.
According to a joint statement issued last year, China and Pakistan are working to increase cooperation in mining and industrial development.
China also plans to support Pakistan in developing marine oil and gas resources and will encourage Chinese companies to invest in offshore oil and gas projects in the country.
