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Old Tuesday, July 27, 2010
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Default Pakistan The Richest country in natural resources

Thar coal reserves have 175 billion tonnes of coal, which is equivalent to 618 billion barrels of crude oil recently informed by VC of The university of the Punjab. Following is the list of top 5 oil reserve countries of the world:

Country Reserves (bbl) Production/day (mbl) Reserve life (yr)
Saudi Arabia 260 8.8 81
Canada 179 2.7 182
Iran 136 3.9 96
Iraq 115 3.7 85
Kuwait 99 2.5 108


175 billion tons of Thar according to Professor Dr Mujahid Kamran equal 618 billion barrels of crude oil.
This is more than twice if we compare it with oil reserves of KSA and equal to total oil reseves of top 4 countries.
If like KSA, we utilize about 10 million of it per day, it would suffice for more than 200 years. Not to forget other resources that Pakistan have when compared with KSA. For example, we have largest gold/copper ore deposits at Saindak (Baluchistan) dying to be expoited.
Under the barren mountains of Balochistan and hot sands of Sindh, there is unlimited amount of oil and gas reserves not touched yet. And still further, we have furtile lands of Punjab, ready to feed a population twice as big as we are now, the best irrigation system (waiting for more water reservoirs to enrich it), and the best qulaity cotton and rice. Last but not the least, we have brave Pushtoons, the vigor of courage that is essential for a nation. We have population, young brains and exploding urban middle class to enrich the intellectual and culture needs of the nation.
What else we want? It is pedalogical to know that Saudi Arabia only sells about 9 million Barrels of Oil per day. It has the best infrastructure in the world, with a cradle to grave welfare system for its citizens, superb freeways, fantastic hospitals and an infrastructure that is the envy of the world. Pakistan’s credit crunch in temporary. Once the country gets over the hump in the next few years, it can begin improving its infrastructure which is the best in South Asia even now. We hope it to be true soon.
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