@@SeaJay_Oceans Its most likely fake news by government to raise morale as everyone is depressed. They said similiar in 2019 or 2020 that there was gas or oil off karachi
Stock looks beyond risky based on the numbers. Burned through 80% of their cash in the last 3 quarters, have a negative 34% free cash flow yield, have diluted investors around 50% since 2020, forward pe is 121 when trailing pe is 57 (things are expected to get worse), while being a microcap. Ad is likely a last ditch effort to get more investors to prevent bankruptcy to dilute even more.
Dear CaspianReport, I am a Nigerian Prince with a lot of money invested into Pakistan's major oil discovery. Unfortunately, I am in need of cash, as my investments are not liquid. If you could please kindly send me some money, I promise to repay you many times over, as my Pakistani oil profits come flooding in.
I am 50 years old. And while living in Pakistan, one has to know that even if mountains of gold come out here, the life of the poor is not going to change
yes - the oil has always been there - people are too scared to invest in wanting to get it out. Look what the islamists have been doing to the poor Chinese. Some cultures are destined to remain in the stone age.
Nothing will change in the country we are ruled by Military radical secularist who are clients of the west so they will not use it for our benefits you must know this by now and we both know what must be done to have a country that represents you hold your religion and values and work for your interests, a revolution
@@korrziaBilli ke khawab me chhechhre They also did drama of finding oil reserves in 2018 during Imran Khan's time, to lure forign investors to invest their money there
As a pakistani our country is a military oligarchy all the money will flow to the politicians and generals hey those poor guys need their 5th mansion and 6th mistress
Yes true. Pakistani ruling elites are even more corrupt and inefficient than ours in India. Pakistanis need to demand end to Kashmir issue by recognising LOC as the international border because your ruling elites fool Pakistanis by keeping up the Kashmir issue while siphoning off funds meant for development.
2012 Pakistan discovers major gas field 2016 significant oil and gas discovery in Tal 2017 largest oil and gas reserve discovered 2018 Huge oil discovery near Pakistan Iran border 2019 Pakistan stops offshore drilling as no oil is found 2024 new offshore discovery could save Pakistan's economy
@@sujesh4684I don't know how credible OP's supposed headlines are and if the amounts discovered are remotely as much as now, but the headlines of "Peak Oil" are probably even older, probably half a century by now. They all predicted we would have reached saturation of oil production 20 years ago... but here we are extracting still a metric f-ton out of the earth and consumption isnt sinking either. Goldman Sachs is predicting increase in usage through 2034 even, that's enough time to build those rigs and sell the stuff to China and the entirety of power hungry emerging markets.
As a Baloch Programmer, developer & coder, I understand the potential of this oil discovery, but there’s more to the story than meets the eye. When the video mentions 'Islamabad,' it’s referring to the central government, but the reality is that it’s the establishment, the army and certain political forces who have been controlling Balochistan. They’ve consistently marginalized local communities, with unjust military operations, resource exploitation, and little regard for Baloch rights. One serious issue is the Afghan refugees who have been settled in Balochistan with support from the establishment. Over the years, many have claimed lands that belong to the local Baloch, including strategic routes, despite originally coming as refugees. These settlements, enabled by military backing, seem like a planned effort to replace the Baloch and alter the region’s demographics, furthering instability. If this new discovery is to benefit anyone, it must be directed by genuine Baloch leaders who are loved and trusted by the people of Balochistan. Not proxies, not military puppets, and certainly not those who are here to replace the Baloch. Only then can we ensure that this newfound wealth uplifts Balochistan and respects the rights of its native population without interference from an establishment that has consistently acted against the interests of Balochistan. Without authentic Baloch representation, this will just be another chapter in the long history of exploitation.
Don't tell the half truth, your Baloch feudal lords and leaders also have a huge role on the current situation in Balochistan, in fact feudal lords own most of the land there
@@400_Quadrillion_years_ago no one goes to that part of the waters except for Pakistan navy so the resources of those waters belong to the state of Pakistan and the state of Pakistan can do whatever they want with those resources
Why everytime oil is discovered somewhere it is presented as a revolutionary event which will forever change the world economy - but everything stays the same, always. Also every new oil discovery is "the biggest one yet". Literally heard this million times.
@@agaperionI have family members that thought we'd be at peak oil years ago. There aren't even countries that have ran out yet. Venezuela alone has something like 200 years of production left.
Absolutely, but who corrupted them in the first place? The big oil companies in the west. Take an experienced technocrat and send him into a village in the middle of nowhere where they have no education or understand the news from the other side of the world. I bet you can sell central heating to them even if they have no winter and import ice for them even if they are located in the arctic circle. Look at Afghanistan or Iran. They wanted to modernize but Islam was useful tool to stop communism. This is why the communists used to end up tortured in prison while religious figures were allowed to operate their network in Ghom only 30 miles from Shah's palace in Tehran openly and that idiot used to go to Mashad or Mecca and put on a white robe and pray. Never mind that just a few days before magazines were full of his picture on the beach next to his queen in bikini with her tits almost popping out. Even then people were saying what is this idiot doing he is insulting the faith. It is not hard to give a bunch of already religious uneducated farmers a weapon and tell them to shoot down a helicopter and shout Allah Akbar. But now the same Allah Akbar gets you sent to Guantanamo Bay or worse have you shot by a red neck police officer. They weren't like Japan that needed two nuclear bombs to bring them down to their knees. Corruption in terms of value is much bigger in Germany or the U.S. than it is in Pakistan. When Germans do it, it is on a scale that is unimaginable. Everyone has a price but like everything else it is relative like relative to their next-door neighbor. So, stop getting on your high horse and lecturing others. You see the needle, but you are missing the plank in your own eyes.
@@oppionatedindividual8256we're a bigger economy and magnitudes stronger than the *RAJ* and unlike UK India is actually taking care of the islamists pretty well as compared to UK bending over backwards for them
@@oppionatedindividual8256 You have no clue how bad the Raj was. Just between 1880 - 1920, out of over 2 centuries that they had colonial control of the subcontinent, it's estimated there were over 100 MILLION excess unalives. The total drain of wealth is estimated over 45 TRILLION bucks. And so on. NOTHING, and I mean NOTHING, that's ever happened to any nation in the region compares to how bad the Raj was.
Our country is a victim of the American War on Terror. China has CPEC investment in Pakistan. If USA does something fishy, Chinese troops will deploy first in Pakistan before the Pakistan army. Pakistan is as important to China as Taiwan is to USA.
Missed!...do you know how many F-16s, drones, himars etc US will sell to Pakistan if oil was actually found there!?....heck, even now when Pakistan is literally begging, US still sends hundreds of millions in military aid every year to Pak army..
@@ameyas7726 lmao keep pulling those facts out of your ass,US only sent aid to Pakistan for it to be delivered to their own troops in Afghanistan and not for Pakistan itself and Pakistan is already buying very good weapons from china and don't care about your garbage country
@@ameyas7726 0. Thanks to Obama, the US is now self-sufficient in oil and natural gas, and even though it has a huge population and thus internal demand, it is still the fourth largest oil exporter in the world. Why would they bother invading Pakistan? A country with nearly 6 times the population of Afghanistan, and one of the largest armies in the world, with nukes. Nah, that won't be necessary as the Pakistani generals are easily bought anyway.
That's been the great political lesson of the modern era of oil. Yes. The question is why do countries have such a hard time learning from Norway's successes. I have yet to find an answer better than "very stupid leaders."
@@ALireza-pp1tt What is hilarious is when people complain, that largest oil consumers sanction them for being assholes. Despite wanting that stuff. Bad greedy West it is.
It's a fake news. I'm a Geophysicist from Pakistan, a geological survey cannot find oil and Pakistani offshore did not have the right depositional environment to have Hydrocarbon in the first place 🙄
Can you please explain that in plain English? And why would they publish an entire report if it’s fake? Not challenging; just asking for a little more explanation please.
China and Pakistan always separated from each other through out history through the tallest Himalayan mountains that is reason so little cultural exchange between China and Pakistan while half of Urdu vocabulary is burrowed by Pakistan's western neighbors Farsi Turkish and Arabic and some Pakistani cuisine burrowed from middle east kofta kabobs
28 дней назад+9
You do realise Urdu grammar originates in Sanskrit and Urdu was developed in India ?!?@@muslim_first
Common, stop being stupid. Better check Iran and Russia, and India - they are loosers in this situation. They will loose a lot of money because of it, not USA. Check what Russia did after masive oil fields discovery in Donneck region. Look how Russia trying to "liberate" the land.
it will be a disaster lol our leaders are everything and anything but competant also tbh theres a high chance this is just a charade our goveronment has a old history of making such claims that were later proven false
When power and wealth comes it makes countries grow and the growth makes them sensible to establish, stabilize and sustain its progress. Don't forget the story of the Arab world 100 years back.
China will benefit most from it as it exports 70 % of its oil and maximum comes from the strait of Malacca so if it is extracted will be significantly for the energy security of china.
Honestly I highly doubt US and China are going to do anything but compete to build oil infrastructure. On other hand for Pakistani neighbors this can be a threat.
@@mukkaarit's pretty important for the energy security of china AS IT exports almost all of its oil and most of it passes through the strait of Malacca so a direct pipeline from Pakistan can ensure china's energy security on the other hand US will either try to compete or try to destroy these reserves as for India it will try everything in it's power to bring instability as it is currently doing in Balochistan.
9:15 That's because the discovery hasn't been confirmed by any other source. The Pak oil ministry is the only source, and they haven't been very trustworthy at all. Most of their previous announcements have happened around elections, and nothing has materialized from them yet. I sincerely hope that the deposits this time are more than talk and can be utilized to improve the lives of the Pak populace.
One simple message to any Pakistani "Forget that we can do nothing cause we are a muslim country and anything is possible if the civilians have courage and are good Muslims. See chinas history, they suffered like Pakistan but they did what we are afraid to do! You say that we cant do anything cause we are citizens. Im 12 and Pakistani and i want to bring an impact. I made posters about smog and planted trees. It motivates other. Your age dosent matter, what you do also dosent matter. How small you do dosent matter but you do it matters the most
I came across your channel through this video- case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.
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IMF doesn’t impose restrictions it just gives out conditional loans So it’s like here is $10B to keep your government running but you can’t use it for energy subsidies. Calling that a restriction is misleading.
Except in the cases I know of, the money is given with preconditions to address issues that result in nothing, almost as if the money was never given, and was just laundered through the recipient nation. Argentina: here’s several billion to run your government, except you can’t run your government with it; you can only service foreign bonds and debt obligations. Paying off debts is cool and all, but it seems these funds come with preconditions attached to them that prevent them from serving that purpose.
No. the condition is not regarding how the money is used, it's regarding how it's paid back. So they force govts to cut spending in certain areas in order to pay back the loans, when that shouldn't be up to them. Also IMF is led by an Indian, the kind of conditions they have put have made electricity prices higher than rent, this isn't normal. It must be intentional.
@@GrigRP They didn't really try tho. ~5,000 - 15,000 troops for years in a country of 44 million where the Taliban numbered 40,000 - 100,000. America mentally checked out of Afghanistan 10 years before it physically left. Imagine if they actually fully committed to it?
let me tell this to those of us indians who are sad at this news (bhagwan jaane kyu!). This indeed could be a very good news. an economically well off pak is better for whole indian subcontinent. A pak going down the drain will soon be taken over by radical islamic clergymen as it happened in iran. Pak bhaiyo, may you prosper towards a healthier and peaceful future.
@@mirzahamzabaig5667 Supporting the cunty so called 'liberal' dictator Musharraf because he's a muhajir like you? Imagine being this much of a cuckold. Mind you I'm not fond of the Sharif family either.
i went in and looked it up Pakistan doesn't meet the requirements for oil reserves in the offshores there also have been no resent geological survey many operations have been drilling for oil since 60 years and didn't find any its highly unlikely that there would be any oil reserves there
As someone born in Karachi, it makes me happy to hear that there may be good news on the horizon for Pakistan. There are definite problems in Pakistan, but if Turkey can invest in Somalia (as the video also points out), then surely it can do so again in Pakistan. What is sad is to read some of the commentaries here trying to negate the prospect of good news for Pakistan. Some of us have cheered when we hear about the growing economy of India. I just wonder why some people just keep trying to put down even a the slightest good news coming from Pakistan. It speaks volumes about some of Pakistan’s neighbors.
lol turkiye investing in pakistan turkiye needs investment from arab slavocracies in the persian gulf themselves like egypt to keep the dicatorship of natostan military thugs rulling it secondly somalias so called investment is not turkiye its the nato covering itself as turkiye that doesnt have colonial baggage as nato to occupy red sea against yemen as an iranian i hope pakistan grows and doesnt become a burden rather a uplifting force that its riches lifts all boats but i wonder if this is true then we have to see companies deploying offshore rigs and which company would take such a risk if it does exist will show wheter this is true
I received 5x the electricity bill that I used to pay after the price went up. even after the price hike there are times that we have no electricity for half a day. Fuck the government who are pocketing money for themselves.
Why don't you shift to solar? Have been seeing reports mentioning Pakistani households diverting to the solar energy and using panels for generating electricity and saving themselves from the excessive cost of electricity bills.
@@imparthv What? Are you crazy? Do you even know how much it costs to go solar? We are already out of every savings we had. The military dictators here have literally wiped out our purchasing power.
India : As per Akhand Bharat philosophy we lay our claim on this China : Those are anicnet sillk route sewayas that China controlled USA : We want to help rebuild Pakistan's democracy Europe : As per climate change regulations our companies can extract the oil with net zero emissions Pakistan Army : 10 Rs/Kilo
@@aeymed you should search who uses "Jeet" who it's targeting. It's racist word used by Americans for peoples of indian subcontinent. It's made from the word "paaji" meaning brother.
i propose to Pakistan that this discovery should be hidden from world and oil should be extracted secretly because somebody might start planning for human rights protection and freedom for Pakistan from Pakistan
Late to the party - oil from under the ground either on shore or off will be too expensive to extract in 2 - 3 years. It'll take 5 years to build out the infrastructure required.
I hate the EU for not embracing nuclear power more. France is world champions in building nuclear plants, lets use it. 100% energy independence EU goal, go!
@@puraLusa It don't mean every country needs to have nuclear power on their soil, but France, Germany, England, Scandinavia. Perfect regions. EU need a shared energy plan so the entire union is self suffient with cheap power to it's citizens
@@donmeisner4438 England isn't in the EU, and it would be the uk not england to begin with. 🤦♀️ Also, different region in europe, diferent needs, horrible idea to centralize energy, as are most centralize economy ideas, tried and failed.
Bro, EU is the second biggest producer and consumer of nuclear energy. EU doesnt produce uranium, so it would means a 100% dependency over foreign countries
what I do not understand is how come this big oil reserves could not be discovered till last many decades ? What is the new technology that gas made this discovery now ?
When the "peak oil theory" was developed in 1956 there werent enough data for conventional oil reserves outside the 48 lower US states, in fact the scientist behind it was succecsful to find 48 lower US states oil production would have peaked between 1965 and 1971 as It did and the oil production followed his prediction to the 1990 when shale oil started to add new reserves. Plus at the time ethanol, biodiesel, bioplastic photovoltaic, nuclear and wind turbines werent a thing, they helped to reduce the amount of oil the world require
There are just 3 types of comments here, 70% doubting or just making fun of Pakistan, 10 % being happy or supportive and twenty being the same liberation joke
Oil prices are definitely coming down in the long term. More and more gets discovered all around the world while OPEC is beginning to price each other out of the market.
It isn't such a straight forward line. U have to take into account that there are a lot of different crude and different extraction costs, making the market very variable as opose to just supply demand. Plus the situation of transport also has its effects.
As the person who is from the Pakistani diaspora I pray that Pakistan sees rapid success in the future and gets rid of all negativity all corruption all evils and all sins and turns Islam into the vision that Mr JINNAH had many decades ago
Congratulations 🎉 to Pakistan I'm very happy for them! In Somalia we have massive discoveries too which could put it in the top 3 and uranium too. We have endured a lot both and God willing the good days are ahead ❤
am sorry bro, but Somalia is a hopeless cause through and through. Just cross over the border and come to Kenya like many of your people they are prospering here big time
And they were partially right: the tipe of oil (there are different tipes of crude) easy to extracts and refine has had its peak. We now are entering/ already have the harder to extract, more expensive to refine tipe.
It's not hard to refine new tech has allow us to just as easily use it just like LNG engines being used in trucks ect, that is why costs for crude are collapsing @@puraLusa
Hi, 15-year oil and gas business professional here. Geological (I'm assuming seismic) surveys alone do not constitute "discoveries". As per SPE PRMS definitions a discovery would require a well to be drilled confirming the presence of hydrocarbons with logs and a well test to prove moveable fluid. These are exploration leads or prospects at best. Prospects' average rate of success / discovery would be 1 in 10 wells. I don't know much about the Pakistani offshore geology, but a quick Google search indicates that companies have been drilling there since the 1960's. Assuming these companies were technically sound, they would have drilled the largest prospects early on therefore increasing the risk profile of an economic discovery in future drilling campaigns. While it is possible that a sleeping giant is out there somewhere, I would not count your chickens just yet. This seems to all just feed some speculation machine and any decisions being made by the government or any investors on these discoveries will most likely lose money.
Even IF (and this is a very, very big 'if') there is a lot of oil in Pakistan, it will be nearly impossible to get it out because no one wants to invest in Pakistan on such a scale. The government will want kickbacks, the courts will intervene and the bureaucracy will ensure that no work starts for decades. And then there is the question of who will benefit from all the oil. At best, Pakistan can become another Nigeria.
I am 26 years old... and since 13 to 15 years I have been hearing that oil has been discovered in Pakistan... :) I don't know... where did this oil go after discovery.
Buddy your game changer was cpac and before that advantage of your geography during 40 year occupation of Afghanistan by West from Russia to USA. If these can't change the game in Pakistan nothing can.
@@GrimSower pakistan is one of the poorest country in the world,before you say smth stupid think about it then say.Pakistan has 350 billion $ nominal GDP ,especially with 250 million population and its really embarrassing . even Pakistan is much poorer than sanctioned Iran.
@@Dani2kGaming_GEIR who cares about the average Paki? it's the elite only who need to be rich not the rest of them they need to focus on their iman only and not worry about such things
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I ho pe you realize Its fake news
PPK is willing to invest in Pakistan.
@@SeaJay_Oceans Its most likely fake news by government to raise morale as everyone is depressed.
They said similiar in 2019 or 2020 that there was gas or oil off karachi
Stock looks beyond risky based on the numbers. Burned through 80% of their cash in the last 3 quarters, have a negative 34% free cash flow yield, have diluted investors around 50% since 2020, forward pe is 121 when trailing pe is 57 (things are expected to get worse), while being a microcap. Ad is likely a last ditch effort to get more investors to prevent bankruptcy to dilute even more.
Dear CaspianReport,
I am a Nigerian Prince with a lot of money invested into Pakistan's major oil discovery.
Unfortunately, I am in need of cash, as my investments are not liquid.
If you could please kindly send me some money, I promise to repay you many times over, as my Pakistani oil profits come flooding in.
I am 50 years old. And while living in Pakistan, one has to know that even if mountains of gold come out here, the life of the poor is not going to change
Need to change the ‘garibi’ soch and have to take solid steps toward progressiveness.
avg. islamic gov
Are you from Lahore
Yes but out side of government hands
Like private companies
Like shell and other international companies
Wrong policy by army generals make Pakistan weak and bankrupt
Am i the only one who keep hearing new oil reserves found in pakistan since my childhood
Not Caspian Report
yes - the oil has always been there - people are too scared to invest in wanting to get it out. Look what the islamists have been doing to the poor Chinese. Some cultures are destined to remain in the stone age.
@@Jennyeq Separatists actually
Oil may be there but definitely not world's 4th largest reservers @@Jennyeq
Yes. I suggest getting a life.
As a Pakistani I can confirm the only major oil reserve we have is of mustard oil. That's why our hair are awesome
Lol
😅
lol mustard oil is best
😂😂😂
Unfortunately, even mustard oil reserves could nt save us although many in world have built their economies frm ashes
Venezuela has the largest offshore reserves of oil and it sure has transformed their economy!
The citizens of Venezuela were eating their pets.
Welcome to Marxism.
Context matters.
Ofc it helps, but in Venezuela cases they destroyer their country with socialist politics and isolate themselves
It would be good if the biggest bully in the area , would ALLOW VANUEZELA to freely do its O&G business ?.
They are too close to the big brother, and big brother won't allow disobedient little brothers to thrive and pose a threat in the future 😊
I'm 25 years young Pakistani. And I'm hearing this Oil & Gas shit when I was 5.
I m 27 I am hearing this since I was 3 years old lol
Even if reserve will be found, army will eat all the investment and we will stay poor forever.
@@ouuuaburger2093It's still your fault, the one who has power are the people. Why are people quiet and not stop it.
Nothing will change in the country we are ruled by Military radical secularist who are clients of the west so they will not use it for our benefits you must know this by now and we both know what must be done to have a country that represents you hold your religion and values and work for your interests, a revolution
@@KashanA How they just kidnap the people who speak out and they go missing
Billions more for Paxtani generals, not for the poor
Pajeet
@@korrzia talking about your ancestors? 😂
@@korrziaBilli ke khawab me chhechhre They also did drama of finding oil reserves in 2018 during Imran Khan's time, to lure forign investors to invest their money there
@@korrzia why you mocking Sikhs ? They got -jeet- suffix in their name.
It's Pakistan, not Paxtan
As a pakistani our country is a military oligarchy all the money will flow to the politicians and generals hey those poor guys need their 5th mansion and 6th mistress
dubai and london property prices will rise soon😂
lmao
But Pakistan army will become stronger 🔥💪💪❤🔥
Yes true. Pakistani ruling elites are even more corrupt and inefficient than ours in India. Pakistanis need to demand end to Kashmir issue by recognising LOC as the international border because your ruling elites fool Pakistanis by keeping up the Kashmir issue while siphoning off funds meant for development.
It's your culture.
2012 Pakistan discovers major gas field
2016 significant oil and gas discovery in Tal
2017 largest oil and gas reserve discovered
2018 Huge oil discovery near Pakistan Iran border
2019 Pakistan stops offshore drilling as no oil is found
2024 new offshore discovery could save Pakistan's economy
Thats an amazing effort to put together a collage
Even if this discovery is true, by the time oil is extracted and exported only India will be left as customer.
A big respect to you for following geopolitics for a such long time
We'll be back in 2034 to see how it all went wrong for Pakistan. Who could have seen this coming?
@@sujesh4684I don't know how credible OP's supposed headlines are and if the amounts discovered are remotely as much as now, but the headlines of "Peak Oil" are probably even older, probably half a century by now. They all predicted we would have reached saturation of oil production 20 years ago... but here we are extracting still a metric f-ton out of the earth and consumption isnt sinking either. Goldman Sachs is predicting increase in usage through 2034 even, that's enough time to build those rigs and sell the stuff to China and the entirety of power hungry emerging markets.
As a Baloch Programmer, developer & coder, I understand the potential of this oil discovery, but there’s more to the story than meets the eye. When the video mentions 'Islamabad,' it’s referring to the central government, but the reality is that it’s the establishment, the army and certain political forces who have been controlling Balochistan. They’ve consistently marginalized local communities, with unjust military operations, resource exploitation, and little regard for Baloch rights.
One serious issue is the Afghan refugees who have been settled in Balochistan with support from the establishment. Over the years, many have claimed lands that belong to the local Baloch, including strategic routes, despite originally coming as refugees. These settlements, enabled by military backing, seem like a planned effort to replace the Baloch and alter the region’s demographics, furthering instability.
If this new discovery is to benefit anyone, it must be directed by genuine Baloch leaders who are loved and trusted by the people of Balochistan. Not proxies, not military puppets, and certainly not those who are here to replace the Baloch. Only then can we ensure that this newfound wealth uplifts Balochistan and respects the rights of its native population without interference from an establishment that has consistently acted against the interests of Balochistan. Without authentic Baloch representation, this will just be another chapter in the long history of exploitation.
Free balochistan!
Oil is in waters of Sindh it belongs to Pakistan navy as Baloch and Sindhi do not go far from coast and only for fishing
@@schepvogelk5971 Free Khalistan and Free Kashmir from Indian occupation
Don't tell the half truth, your Baloch feudal lords and leaders also have a huge role on the current situation in Balochistan, in fact feudal lords own most of the land there
@@400_Quadrillion_years_ago no one goes to that part of the waters except for Pakistan navy so the resources of those waters belong to the state of Pakistan and the state of Pakistan can do whatever they want with those resources
Why everytime oil is discovered somewhere it is presented as a revolutionary event which will forever change the world economy - but everything stays the same, always.
Also every new oil discovery is "the biggest one yet". Literally heard this million times.
Don't forget the repeated "peak oil" warnings that have been made since the mid 20th century.
You shouldn't use the word literally with literally meaning literally. Use ;Figuratively heard this million times. next time
@@thor.halsli It's always funny in a bit of an annoying way when I see that. Glad to see someone else feels the same.
@@agaperionI have family members that thought we'd be at peak oil years ago. There aren't even countries that have ran out yet. Venezuela alone has something like 200 years of production left.
You missed the comma in "Why everytime". :)
As long as the curruption is out of control…. Oil or gas wont change pakistani fate😂😂😂
And corruption will never change when madhkalis keep saying it's haram to criticise the government
Absolutely, but who corrupted them in the first place? The big oil companies in the west.
Take an experienced technocrat and send him into a village in the middle of nowhere where they have no education or understand the news from the other side of the world. I bet you can sell central heating to them even if they have no winter and import ice for them even if they are located in the arctic circle.
Look at Afghanistan or Iran. They wanted to modernize but Islam was useful tool to stop communism. This is why the communists used to end up tortured in prison while religious figures were allowed to operate their network in Ghom only 30 miles from Shah's palace in Tehran openly and that idiot used to go to Mashad or Mecca and put on a white robe and pray. Never mind that just a few days before magazines were full of his picture on the beach next to his queen in bikini with her tits almost popping out. Even then people were saying what is this idiot doing he is insulting the faith.
It is not hard to give a bunch of already religious uneducated farmers a weapon and tell them to shoot down a helicopter and shout Allah Akbar.
But now the same Allah Akbar gets you sent to Guantanamo Bay or worse have you shot by a red neck police officer.
They weren't like Japan that needed two nuclear bombs to bring them down to their knees.
Corruption in terms of value is much bigger in Germany or the U.S. than it is in Pakistan.
When Germans do it, it is on a scale that is unimaginable.
Everyone has a price but like everything else it is relative like relative to their next-door neighbor.
So, stop getting on your high horse and lecturing others. You see the needle, but you are missing the plank in your own eyes.
The Raj was better in all ways than any of the states that came from it.
@@oppionatedindividual8256we're a bigger economy and magnitudes stronger than the *RAJ* and unlike UK India is actually taking care of the islamists pretty well as compared to UK bending over backwards for them
@@oppionatedindividual8256 You have no clue how bad the Raj was. Just between 1880 - 1920, out of over 2 centuries that they had colonial control of the subcontinent, it's estimated there were over 100 MILLION excess unalives. The total drain of wealth is estimated over 45 TRILLION bucks. And so on. NOTHING, and I mean NOTHING, that's ever happened to any nation in the region compares to how bad the Raj was.
Pakistan : we discovered oil
USA : Democracy BOOM BOOM 🚀🚀🚀
Pakistan is not any Middle Eastern country. Although the govt is poor but the army is strong. US might impose restrictions
@@fahadsarwar2183 i know your surrender army
@@girirajrathore8067🐖💨🇮🇳💩💩💩💩💩🤢🤢🤢🤢🤡🤡🤡😂😂
Yeah we boomed evil democracy from Afghanistan and Pakistan
As an American, I apologize in advance for whatever happens to Pakistan from here on out.
Don’t apologize for democracy, brother
Our country is a victim of the American War on Terror. China has CPEC investment in Pakistan. If USA does something fishy, Chinese troops will deploy first in Pakistan before the Pakistan army. Pakistan is as important to China as Taiwan is to USA.
Ours nukes do be looking shiny after hearing that
it already happened, the military took over with US support
America already coup'd Imran Khan in 2022, it's been happening already.
All Pakistani money will go to London and New-York. They will keep finding new oil reserves till eternity.
So wrong , It will go to "The CCP" ! they will take it all.
don't get too hopeful, I can assure you there is no oil discovered in your country, its just a lie to get new investment
As it is said
"Every country has military"
But for Pakistan
"Military has a country" 😂😂😂
Cry more lundiaan 😂
Just like india which has their own hundred issues lmao
@@sosheeanand3537 cop pageeet ✌️
We heard this the first 100 times.
@@saadlakho5888 sindhi aheen bha?
China: Those are ancient Chinese waters
Israeli promised water
You are too brainwashed man
Shalom, 3000 years ago my Jewish ancestors shat on those waters, thereby it's my claim over them
India and Iran: 🤨
US wants to import freedom to Pakistan.
You've missed 99 missed calls from the U.S.
Missed!...do you know how many F-16s, drones, himars etc US will sell to Pakistan if oil was actually found there!?....heck, even now when Pakistan is literally begging, US still sends hundreds of millions in military aid every year to Pak army..
@@ameyas7726 I know as a Pakistani with family in Pakistan politics and in the Pakistan army that Pakistan does not want to lose friendship with US
@@ameyas7726 lmao keep pulling those facts out of your ass,US only sent aid to Pakistan for it to be delivered to their own troops in Afghanistan and not for Pakistan itself and Pakistan is already buying very good weapons from china and don't care about your garbage country
@@muslim_firstNot only our Military and Politicians are Bending over to US. Their family members are doing that as well........GREAT
@@ameyas7726 0. Thanks to Obama, the US is now self-sufficient in oil and natural gas, and even though it has a huge population and thus internal demand, it is still the fourth largest oil exporter in the world. Why would they bother invading Pakistan? A country with nearly 6 times the population of Afghanistan, and one of the largest armies in the world, with nukes. Nah, that won't be necessary as the Pakistani generals are easily bought anyway.
Sometimes they find gold, sometimes uranium, sometimes lithium, and now-oil for the second time... yet somehow, all of it remains invisible! 😂
Plot twists: Army secretly steals it
Plot twist: Corpse commamder of army had it all😂
Please check with China. May be they are stealing it secretly.
If they don't do what Norway did. They're screwed.
They will pocket all the money for the rich and those who are controlling the country. Nothing will go to the people.
What did Norway do?
@@digitalboy4415 The Norwegian Vikings settled Greenland and Iceland. They even briefly settled in North America.
So you are suggesting the population should migrate to other places!
That's been the great political lesson of the modern era of oil. Yes.
The question is why do countries have such a hard time learning from Norway's successes. I have yet to find an answer better than "very stupid leaders."
Venezuela, Iran, Iraq, and friends will tell you how oil will TRANSFORM the economy...
America, England, France will tell you how they boycotted and destroyed these countries out of greed for free roasting 😊
Venezuela and Iran destroyed themselves. Iraq is perfectly fine.
@@ALireza-pp1tt What is hilarious is when people complain, that largest oil consumers sanction them for being assholes. Despite wanting that stuff.
Bad greedy West it is.
@@TheRezro Iraq was destroyed by America.
But still it is extracting and selling its oil.
Don't worry pakistan is saved economy recovering everything stabilising ,and cpec is back with a bang
**Oil discovered in Pakistan**
_"Is that a bald eagle democracy scream I hear?"_ 🦅🦅
No. It's the denazifyingly loud roar of a bear. 🐻
every year before going to IMF for new loan, pakistans discovers oil.. 😂liiiterally every year.
Indian ?
@@Blingblang7
No, not Indian oil.
Pakistani oil and Pakistani Army "discovering" it..
@@Blingblang7 lol probably right
@@Blingblang7 He is speaking the truth. so most probably Indian. So where is the oil that was claimed in 2009 and in 2012 and later in 2020???
Even if Pakistan discovered actual oil, it will still stay in poverty, that's what the politicians want. It's never going to prosper unfortunately
Seriously if Normal pakistani person knows such things he/she will get out of Pakistan first.
Not politicians dear neighbours. Its the military that controls al the resources. Politicians are just the tool
Nope it is what Islamic society ends up with
@digitalbath6057 pakistan is anything but an Islamic society lol
Pakistan has a million ways to mess up India but we are lucky that they have even bigger dorks than the ones in our country.
It's a fake news. I'm a Geophysicist from Pakistan, a geological survey cannot find oil and Pakistani offshore did not have the right depositional environment to have Hydrocarbon in the first place 🙄
Can you please explain that in plain English? And why would they publish an entire report if it’s fake? Not challenging; just asking for a little more explanation please.
I heard some random Chinese fisherman was catching fish there 700 years ago. Therefore, these are ancient Chinese waters.
No God promised it to isreal 3000 years ago
Zheng He’s militarized treasure fleet sailed through there once. Therefore it is sovereign Chinese internal waters.
😂😂😂
China and Pakistan always separated from each other through out history through the tallest Himalayan mountains that is reason so little cultural exchange between China and Pakistan while half of Urdu vocabulary is burrowed by Pakistan's western neighbors Farsi Turkish and Arabic and some Pakistani cuisine burrowed from middle east kofta kabobs
You do realise Urdu grammar originates in Sanskrit and Urdu was developed in India ?!?@@muslim_first
Looks like Pakistan needs freedom 🦅🇺🇸
Common, stop being stupid. Better check Iran and Russia, and India - they are loosers in this situation. They will loose a lot of money because of it, not USA.
Check what Russia did after masive oil fields discovery in Donneck region. Look how Russia trying to "liberate" the land.
Nah US produces more oil than Saudi Arabia with fracking
Pakistan is already a us puppet 😂😂😂
@ketikteks puppet harboring Osama? Puppet harboring and supporting taliban?
@@ketikteks more freedom never hurts
As a Pakistani, this is great news.... for the ruling class. More money for the curropt. The revenue will be suckled by our government. 😢
Either a blessing or a curse depends on how competent the leaders in Pakistan are. But I don't have high hope, I hope I am wrong.
it will be a disaster lol our leaders are everything and anything but competant also tbh theres a high chance this is just a charade our goveronment has a old history of making such claims that were later proven false
Pakistan is already divided over just who gets water, who gets the oil is gonna be a mess.
neither do we Pakistanis
When power and wealth comes it makes countries grow and the growth makes them sensible to establish, stabilize and sustain its progress. Don't forget the story of the Arab world 100 years back.
More money to fuel the corruption.
Bro casually promoted a pump and dump scheme
I don’t think he realizes how much credibility he loses everytime he does this 🤦🏾♂️
@@TheDrokon The money he got might have been worth the credibility loss!
It's so funny and shitty. I ordinarily think of this channel as having credibility.
Is it, though? I'd be intrigued to see the "pump" 😂
How do you figure?
Only if the government wouldn't just come for the money, but come for the people, this precious country could be worth trliions tonight!
True😢
China will definitely want that oil the most.
They will buy less from Iran and Russia. Good Pakistan have nuclear weapons.
Good for Pak if China can bring some development.
China will benefit most from it as it exports 70 % of its oil and maximum comes from the strait of Malacca so if it is extracted will be significantly for the energy security of china.
Win win situation for both countries.
does not matter who wants as long as they pay for it
Discovering oil while having chinese american indian iranian eyes on you is crazy 😭
Honestly I highly doubt US and China are going to do anything but compete to build oil infrastructure. On other hand for Pakistani neighbors this can be a threat.
And then they see the nukes and rethink.
@@mukkaarit's pretty important for the energy security of china AS IT exports almost all of its oil and most of it passes through the strait of Malacca so a direct pipeline from Pakistan can ensure china's energy security on the other hand US will either try to compete or try to destroy these reserves as for India it will try everything in it's power to bring instability as it is currently doing in Balochistan.
Iran is a friendly nation. US and China will compete for contracts. India always has eyes, can be ignored.
@@muhammadafnan6220lora indian can buy cheap oil lol😂
Waiting for china to “find” an ancient map that has a little circle, labeled China, in the ocean right where the oil is off the coast of Pakistan.
9:15 That's because the discovery hasn't been confirmed by any other source. The Pak oil ministry is the only source, and they haven't been very trustworthy at all. Most of their previous announcements have happened around elections, and nothing has materialized from them yet. I sincerely hope that the deposits this time are more than talk and can be utilized to improve the lives of the Pak populace.
pakistan has a history of lying about this stuff to get the west to pay attention.
😂 ty this explains why. Yeah I heard that Pakistan 🇵🇰 govt is one of the most lying in the world 🌎 😢
Pakistani military generals are about to get more rich
Unfortunately this is true. Pakistanis live under the yolk of its tyrannical generals. I am one
Like the rich Indian elite that control India while 70% of your population suffers from severe poverty?
and pakistan more chinese debt to the point where china steals their oil fields same as the stolen ports
Youthias and pjeets teamed up against our army
True 😂😂
One simple message to any Pakistani
"Forget that we can do nothing cause we are a muslim country and anything is possible if the civilians have courage and are good Muslims. See chinas history, they suffered like Pakistan but they did what we are afraid to do! You say that we cant do anything cause we are citizens. Im 12 and Pakistani and i want to bring an impact. I made posters about smog and planted trees. It motivates other. Your age dosent matter, what you do also dosent matter. How small you do dosent matter but you do it matters the most
Pakistan discovered oil, and suddenly everyone starts talking about getting free of the oppressive regime.
The oil memes are becoming a reality.
Everyone is only talking about it for the memes,what does a few people in the comment section have to do with geopolitics
Except Pakistan has nukes , it is no Ukraine
@evilleader1991 Watch the first seasons of "Homeland", and we'll talk again.
Pakistani Establishment is the American Puppet, so its always the other way around in Pakistan like some other countries, supporting dictatorships
I remember this movie where a character was cooking. Her chief complained that it had so much oil, the us military was about to invade it 😂.
😂😂😂😂
Venezuela has the most oil reserves yet remain poor
Thats because of sanctions and frozen funds mostly.
US : "I smell freedom...."
Lol
An a hint of revenge.
They have nukes
China: bad USA wants your oil, let us help you pump it up, here get a loan from China 😂
It's already America's, Pakistan is literally a puppet state to America and China.
Sounds like Pakistan 🇵🇰 needs freedom😅
China will determine what Pakistan gets.
100 pakistani nuclear missiles:
@@Afghanman25 controlled by the army which is corrupt and influenced by third parties like China and US.
@@Afghanman25*Laughs in Chinese*
China is asserting it's influence in Pakistan a lot lately.
I came across your channel through this video-
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IMF doesn’t impose restrictions it just gives out conditional loans
So it’s like here is $10B to keep your government running but you can’t use it for energy subsidies.
Calling that a restriction is misleading.
So many people don't understand this.
But it is not only loans, often enough it is just given.
Except in the cases I know of, the money is given with preconditions to address issues that result in nothing, almost as if the money was never given, and was just laundered through the recipient nation.
Argentina: here’s several billion to run your government, except you can’t run your government with it; you can only service foreign bonds and debt obligations. Paying off debts is cool and all, but it seems these funds come with preconditions attached to them that prevent them from serving that purpose.
They do impose austerity etc.
No. the condition is not regarding how the money is used, it's regarding how it's paid back. So they force govts to cut spending in certain areas in order to pay back the loans, when that shouldn't be up to them.
Also IMF is led by an Indian, the kind of conditions they have put have made electricity prices higher than rent, this isn't normal. It must be intentional.
Sounds like they need "democracy".
Sounds like you didn't learn your lesson from trying to give Afghanistan democracy
@@GrigRPDon't worry, the, US will turn you into an Afghanistan if oil is found.
We already have democracy, at least as much as the US does 😂
@@GrigRP They didn't really try tho. ~5,000 - 15,000 troops for years in a country of 44 million where the Taliban numbered 40,000 - 100,000. America mentally checked out of Afghanistan 10 years before it physically left. Imagine if they actually fully committed to it?
@@sulman1755do you now?
I don't remember the last time US jailed their main political leader
let me tell this to those of us indians who are sad at this news (bhagwan jaane kyu!). This indeed could be a very good news. an economically well off pak is better for whole indian subcontinent. A pak going down the drain will soon be taken over by radical islamic clergymen as it happened in iran. Pak bhaiyo, may you prosper towards a healthier and peaceful future.
Lol billi ke khawb me chhechhre😂😂 ye oil 2018 me bhi Imran Khan ke time pr nikla tha kya hua uska?
Yes. If Pakistan becomes rich, we Indians will have a new place to look for jobs.
@@SathyaswamyS Porki use your real name.
But Iran was at the time an oil-rich county.
There is no oil. Stop believing stories cooked up Generals to borrow more money from abroad.
As a Pakistani 🇵🇰, I look 👀 forward to see when Shirvan from Azerbaijan 🇦🇿 going to upload a JF-17 fighter purchase by 🇦🇿.
Why?
Chinese jet
@@AParmar-z4kExactly.. what’s this guy so proud about 😂..
@@nash797 they r dumb m* ..not even able to make needle & they talk abt jet...lol
We hear this oil and gas discovery every year 🥲
Don't know what they are upto 🤷♂️
The only oil reserves we have are the ones in our oil drenched food, that's why we die young from cardiovascular diseases.
Pakistan will rise again with blessing of Almighty Allah
Good luck from India
As a Pakistani I can say even if we found a ton of oil we won't be rich because of Pakistani military
We would be happy to send you to any of our neighbor countries.
@@1987nau The fauj said same to Karachiites in 1980's before Musharraf threw out the trash known as Nawaz.
@@mirzahamzabaig5667 you people are against foj, and you better must leave the country. Youthrayy
It's not realistic for Pakistan military to be passive in such a hostile neighborhood
@@mirzahamzabaig5667 Supporting the cunty so called 'liberal' dictator Musharraf because he's a muhajir like you? Imagine being this much of a cuckold. Mind you I'm not fond of the Sharif family either.
i went in and looked it up
Pakistan doesn't meet the requirements for oil reserves in the offshores
there also have been no resent geological survey
many operations have been drilling for oil since 60 years and didn't find any
its highly unlikely that there would be any oil reserves there
As someone born in Karachi, it makes me happy to hear that there may be good news on the horizon for Pakistan. There are definite problems in Pakistan, but if Turkey can invest in Somalia (as the video also points out), then surely it can do so again in Pakistan.
What is sad is to read some of the commentaries here trying to negate the prospect of good news for Pakistan. Some of us have cheered when we hear about the growing economy of India. I just wonder why some people just keep trying to put down even a the slightest good news coming from
Pakistan. It speaks volumes about some of Pakistan’s neighbors.
I do agree. This is the typical Indian mindset fueled by chai wala aka modi.
That is because all the additional money you make will be use to fund terror across the world and especially against her neighbors
Not all Indians. I hope you get freedom from your generals
lol turkiye investing in pakistan turkiye needs investment from arab slavocracies in the persian gulf themselves like egypt to keep the dicatorship of natostan military thugs rulling it
secondly somalias so called investment is not turkiye its the nato covering itself as turkiye that doesnt have colonial baggage as nato to occupy red sea against yemen
as an iranian i hope pakistan grows and doesnt become a burden rather a uplifting force that its riches lifts all boats but i wonder if this is true then we have to see companies deploying offshore rigs and which company would take such a risk if it does exist will show wheter this is true
we just showing you the reality bruh Pakistan has been saying they found oil for years and years
This hasn't made Canada, with the (current) 4th largest blue water energy reserves, an energy superpower. But good luck to Pakistan.
That's because Canada is located at a far distance from the rest of the world. Who would you be exporting to? Penguins? :D
@@muhammadhassankiyani8953 The US is right across their border...
@@muhammadhassankiyani8953You are not intelligent.
@@muhammadhassankiyani8953Also, wrong pole. Penguins are the other side of the world from Canada
There are big substantial reserves of oil in Pakistani offshore but it needs an efficient burucracy and govt to explore and pipeline it...
I received 5x the electricity bill that I used to pay after the price went up. even after the price hike there are times that we have no electricity for half a day.
Fuck the government who are pocketing money for themselves.
Why don't you shift to solar? Have been seeing reports mentioning Pakistani households diverting to the solar energy and using panels for generating electricity and saving themselves from the excessive cost of electricity bills.
is just the latest worldwide fashion for .gov's .. ripping off plebs for energy
@@imparthv What? Are you crazy? Do you even know how much it costs to go solar? We are already out of every savings we had. The military dictators here have literally wiped out our purchasing power.
The goverment isnt the one pocketing the money, its the IPPs
enjoy your "Islamic" republic of pakistan
Pakistan: *discovers huge amount of oil reserves*
USA and China: *Hehe boi*
Do you know who is largest oil exporter right now?
@@Sp1tfire100Russia largest producer and Saudia largest exporter am I right?
@@BhagatSinghRajguruSukhdevFan US is the largest producer for the past 6 years and recently is largest exporter
pakistan has tactical nukes all across its borders aint nobody invading pakistan lol
@@npb1748 false. You can't win debate with a gun.
India : As per Akhand Bharat philosophy we lay our claim on this
China : Those are anicnet sillk route sewayas that China controlled
USA : We want to help rebuild Pakistan's democracy
Europe : As per climate change regulations our companies can extract the oil with net zero emissions
Pakistan Army : 10 Rs/Kilo
Every year pakistan says it has discovered oil. This is just a diversion, the main event is breakup of Pakistan
Jeets after watching Godi media in Mumbai slums
Free Khalistan
@@aeymed you should search who uses "Jeet" who it's targeting.
It's racist word used by Americans for peoples of indian subcontinent. It's made from the word "paaji" meaning brother.
Pageeet see world hunger index report 😂 you guys are at top
@@-rate6326 Pakistanis and Bangladeshis have Arabic names not jeet which is entirely Indian
Bir azərbaycanlının geosiyasət mövzusunda belə yüksək keyfiyyətli videolar hazırlamağını görmək qürurvericidi. Davamlı olsun!
Lol. But jokes aside, he's polish. Sorry i don't quite good in azerbaijani
@anggakaruniawan He is not Polish, he is Azerbaijani.
Pakistan is definitely in da bag. Graaaapppeee 🍇
i propose to Pakistan that this discovery should be hidden from world and oil should be extracted secretly because somebody might start planning for human rights protection and freedom for Pakistan from Pakistan
It's all for China.
There is no oil bro😂
Too late!
Lol billi ke khawb me chhechhre😂😂 ye oil 2018 me bhi Imran Khan ke time pr nikla tha kya hua uska?
Extracting oil is expensive.
The title up in the video killed me FREEDOM INCOMING
The title IS hilariously apt... it captures the potential for revolution, but also "investment" and foreign intererence in just two words...
Late to the party - oil from under the ground either on shore or off will be too expensive to extract in 2 - 3 years. It'll take 5 years to build out the infrastructure required.
I hate the EU for not embracing nuclear power more. France is world champions in building nuclear plants, lets use it. 100% energy independence EU goal, go!
Depends on the zone/ geography. Some parts of europe is not advisable due to being prone to quakes.
@@puraLusa It don't mean every country needs to have nuclear power on their soil, but France, Germany, England, Scandinavia. Perfect regions. EU need a shared energy plan so the entire union is self suffient with cheap power to it's citizens
@@donmeisner4438 England isn't in the EU, and it would be the uk not england to begin with. 🤦♀️
Also, different region in europe, diferent needs, horrible idea to centralize energy, as are most centralize economy ideas, tried and failed.
The EU, North America, Australia/NZ, Japan and Korea should all be completely energy independent/dependent on each other.
Bro, EU is the second biggest producer and consumer of nuclear energy. EU doesnt produce uranium, so it would means a 100% dependency over foreign countries
what I do not understand is how come this big oil reserves could not be discovered till last many decades ?
What is the new technology that gas made this discovery now ?
And they say we run out of oil in less than 100 years ... What a joke
When the "peak oil theory" was developed in 1956 there werent enough data for conventional oil reserves outside the 48 lower US states, in fact the scientist behind it was succecsful to find 48 lower US states oil production would have peaked between 1965 and 1971 as It did and the oil production followed his prediction to the 1990 when shale oil started to add new reserves.
Plus at the time ethanol, biodiesel, bioplastic photovoltaic, nuclear and wind turbines werent a thing, they helped to reduce the amount of oil the world require
There are just 3 types of comments here, 70% doubting or just making fun of Pakistan, 10 % being happy or supportive and twenty being the same liberation joke
Everyone will be happy AFTER this news will 100% confirm and they start selling oil
Pakistan is a country with huge potential and talented human resources. But instead of development their priorities are elsewhere.
Oil prices are definitely coming down in the long term. More and more gets discovered all around the world while OPEC is beginning to price each other out of the market.
It isn't such a straight forward line. U have to take into account that there are a lot of different crude and different extraction costs, making the market very variable as opose to just supply demand. Plus the situation of transport also has its effects.
Oil & gas and even cola is still the primary source of electricity generation and power most of the industries.
I feel like I hear pakistan discovers oil every year now
As the person who is from the Pakistani diaspora I pray that Pakistan sees rapid success in the future and gets rid of all negativity all corruption all evils and all sins and turns Islam into the vision that Mr JINNAH had many decades ago
17:00 Belgium Caspian Report's favourite measuring unit....
It's so sad that Pakistani people won't see a dime all politicians and military will steal that money from them
As a Pakistani. I must say that Pakistan needs freedom from it's bureaucracy and army..
Congratulations 🎉 to Pakistan I'm very happy for them! In Somalia we have massive discoveries too which could put it in the top 3 and uranium too. We have endured a lot both and God willing the good days are ahead ❤
am sorry bro, but Somalia is a hopeless cause through and through. Just cross over the border and come to Kenya like many of your people they are prospering here big time
why do muslims seem to think people want them around when they turn their own country into a dumpster.
Pakistan: is that the smell of oil
America: no thats the smell of freedom
Best of luck to Pakistan. Enjoy the natural beauty.
Now you are letting advertisers getting an editorial say in your content.
Not ethical and tarnishes the reliability of your content.
They said this before as well & even if they found it most of it will be taken by their military 🪖 anyway
Only 1% people know whether these oil reserves are real or not
PEAK OIL PEAK OIL! said evey scientist when I was in college. .....
And they were partially right: the tipe of oil (there are different tipes of crude) easy to extracts and refine has had its peak. We now are entering/ already have the harder to extract, more expensive to refine tipe.
It's not hard to refine new tech has allow us to just as easily use it just like LNG engines being used in trucks ect, that is why costs for crude are collapsing @@puraLusa
Chinese are the only one who will benefit from this
No, Pakistan will also benefit because unlike USA regime which will seek to control their oil business, Chinese will buy oil from them.
Turkey can
The Pakistani military regime will too.
@@thecomment9489 false. Every country that worked as usa wanted got rich. That's not true with china.
Not just Oil Pakistan has the largest gold reserve in Balochistan. Due to bad political situation we cannot benefit any of the natural reserve
Gold ? Lithium?
US, China, India and Russia?
*Inserts four black men meme*
Don't forget Iran and Afghans
@@Trollge398Iran and Afghanistan can't do that much, china and the USA are the main challenge
@@Mesopotamia-v6d the taliban can support the pashtun sepratist
@@Mesopotamia-v6d ask border forces of Pakistan they are always in fear when TTP or anything like that will launch an attack
Hi, 15-year oil and gas business professional here. Geological (I'm assuming seismic) surveys alone do not constitute "discoveries". As per SPE PRMS definitions a discovery would require a well to be drilled confirming the presence of hydrocarbons with logs and a well test to prove moveable fluid. These are exploration leads or prospects at best. Prospects' average rate of success / discovery would be 1 in 10 wells. I don't know much about the Pakistani offshore geology, but a quick Google search indicates that companies have been drilling there since the 1960's. Assuming these companies were technically sound, they would have drilled the largest prospects early on therefore increasing the risk profile of an economic discovery in future drilling campaigns. While it is possible that a sleeping giant is out there somewhere, I would not count your chickens just yet. This seems to all just feed some speculation machine and any decisions being made by the government or any investors on these discoveries will most likely lose money.
Great insight!
i am from pakistan and i have been hearing that oil has been found for my entire life
Even IF (and this is a very, very big 'if') there is a lot of oil in Pakistan, it will be nearly impossible to get it out because no one wants to invest in Pakistan on such a scale. The government will want kickbacks, the courts will intervene and the bureaucracy will ensure that no work starts for decades.
And then there is the question of who will benefit from all the oil. At best, Pakistan can become another Nigeria.
Deep inside - we all know that we just make these things up everytime we need loan from IMF and other countries ;)
I am 26 years old... and since 13 to 15 years I have been hearing that oil has been discovered in Pakistan... :)
I don't know... where did this oil go after discovery.
Indians crying in the comments 😂😂😂
No we are happy atleast this will stop bhikhari begging for some time😂😂😂
No we are happy atleast this will stop Pakistan begging for some time😂😜😂
The USA be like: time for Democracy in Pakistan 😂.
kid named 100 nuclear missiles:
@@Afghanman25 Sadly, pakistan cannot use it's nukes without the US permitting it
@@Afghanman25Kid name human rights organisations :
10% me: watching video
90% me: reading the comments
Congratulations for Pakistan Armed Forces for this discovery👍🏽
Really hope they don't collapse.
Bruv we haven't done nothing with this oil for years, we basically need the government to work on this otherwise we cooked
Baakiistaaan Zindabaaad 🎉🎉🎉🎉🎉🎉🙌🏾🙌🏾🙌🏾🙌🏾🫡
@!$ha Zindabad!!
Let's hope we use these resources responsibly and not waste them. This can be a game changer for us 🇵🇰🇵🇰
Nah the money is going to "liberate" kashmir and to the Pakistan elite pocekts and your economic condition will remain the same
China and corruption will handle the money.
Buddy your game changer was cpac and before that advantage of your geography during 40 year occupation of Afghanistan by West from Russia to USA.
If these can't change the game in Pakistan nothing can.
Pakistan is a country of jokers
I guess your military does not agree.
Also make a vlog on Pakistan's space station 😊
Pakistan will be rich soon in the future. besides of the USA,China also will be the main importer of Pakistani Oil.
Pakistan is already pretty rich already, at least the Pakistanies who matter
@@GrimSower pakistan is one of the poorest country in the world,before you say smth stupid think about it then say.Pakistan has 350 billion $ nominal GDP ,especially with 250 million population and its really embarrassing . even Pakistan is much poorer than sanctioned Iran.
@@Dani2kGaming_GEIR who cares about the average Paki? it's the elite only who need to be rich not the rest of them they need to focus on their iman only and not worry about such things
@@Dani2kGaming_GEIR with the current renewable technology I doubt it
Sorry but you guys will never be rich. Your army will be rich though