KARACHI, 20 JAN (DNA) – A new reservoir of oil and gas has been discovered in Hangu district of Khyber-Pakhtunkhwa on Wednesday.

This reserve has been discovered by Mol Pakistan. Earlier this company has successfully discovered oil and gas reserves in Manzalai, Makori, Mamikhel, Maramzai, Makori East and Tolanj areas of Khyber-Pakhtunkhwa.

In order to reach oil and gas reserves in this well 4,912 meters of digging in the earth was done by the company. Primary results are that the well is producing 3,440 barrels of crude oil and 56 million cubic feet of gas.

According to the experts new discoveries of oil and gas reserves will lead to lesser imports of petroleum products and will save Pakistan s precious foreign reserves. DNA