Tag: reserves

GSP kept out of Chiniot iron reserves determination

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article image STAFF REPORT ISB: Geological Survey of Pakistan (GSP) has determined large reserves of iron ore and copper at 32 different locations in Chiniot and other sites of Punjab, however, this state-owned department has not been not invited to the inaugural ceremony in Chiniot. GSP has determined 32 different places in 80,000 square kilometer area of Punjab, which is abundant in iron ore and copper reserves. The sites of large reserves of iron ore and copper are located in Faisalabad, Nankana…Read More

Threat to mangroves reserves concerns environmentalists

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article image STAFF REPORT ISB: As higher government authorities have instructed to speed up work on the Zulfikarabad city project, the environmentalists have expressed their concern as this project is threatening the survival of the largest mangroves reserves along the Thatta coast. The IUCN Pakistan National Committee members expressed concern during their recently held meeting here. They said that while development is important, protection of a delicate mangroves ecosystem environment is…Read More

Karakorum reserves to be named 3rd biosphere reserves

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STAFF REPORT IBD: UNESCO has assured its full support for approval of the Karakoram Pamir Biosphere Reserve situated in Gilgit Baltistan as the third Biosphere Reserve in Pakistan. The project would be signed during the scheduled visit of the Director General UNESCO to Pakistan in coming June. "Pakistan has prepared requisite documents, including a management plan, for approval of the Karakoram Pamir Biosphere Reserve in Gilgit Baltistan which would be the 3rd biosphere Reserve of…Read More

Lack of vision depriving Pakistan of coal reserves

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article image STAFF REPORT IBD: Speakers at a seminar titled "Energy Crisis and Coal Reserves in Pakistan: Potential, Problems and Prospects" have said that corruption, nepotism and poor governance are the main reasons behind the country's failure in energy sector in Pakistan, and called for drastic measures, such as focus on large scale mechanized coal mining to produce various forms of energy from it to lessen the intensity of the power crisis.Usman Amin-ud-Din, former minister for petroleum and…Read More

New gas reserves

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According to an official report, the gas shortage of one billion cubic feet (bcf) was recorded in 2011 alone, and currently it has increased to 1.8 bcf.Owing to this, the industrial sector, CNG and the power sector have been severely affected. The main reasons described for the peril are rapid surge in the demand and less exploration.According to a State Bank report, no exploration has been carried out since 1998 to find gas reserves. However, we have already harnessed 49 per cent of the…Read More

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