
QUETTA: Balochistan government has given security clearance for 15 blocks of the province for the exploration of oil and gas while the new petroleum policy envisages more facilities to the exploration companies.
According to sources, the exploration activities remained suspended in the above blocks due to security concerns. However, exploration work will now be resumed soon in these blocks as the Balochistan government has declared the law and order situation satisfactory and also given a security clearance in this regard.
Under the new petroleum policy more and more companies will be provided opportunities to undertake exploration activities so that the growing energy needs could be met by utilizing domestic resources.
The process of granting exploration license will be simplified besides giving other incentives to the companies.