Pakistan, June 1 -- The Oil and Gas Development Company Limited (OGDCL) has made 19 oil and gas discoveries across Sindh, Punjab, and Khyber Pakhtunkhwa since 2023, marking a major boost to Pakistan's energy security and a key step toward cutting reliance on expensive fuel imports.

According to official documents available with Wealth Pakistan, the discoveries carry an estimated cumulative production potential of around 17,123 barrels per day (BPD) of oil and 151 million standard cubic feet per day (MMSCFD) of gas, said a press release.

The finds are expected to generate daily import substitution worth nearly Rs1.2 billion.

Five discoveries were made during FY2023-24, contributing 481 BPD of oil and 29.66 MMSCFD of gas, with an estimat...