Critics say the rejection of TCC deprives the country of foreign investment worth $3.3 billion and sends a bad signal to prospective foreign investors interested in Balochistan, which has considerable mineral reserves.
[S]tate-run Oil and Gas Development Company Limited (OGDCL) is reported to have made a major gas discovery in Zin block in Balochistan’s restive Marri-Bugti area
Pakistan has 1,339.25 tonnes of gold reserves situated in Baluchistan province alone with 63.50 tonnes at Saindak and 1275.75 tonnes at Reko Diq, official sources said here yesterday.
The pipeline will carry gas from the South Pars field via Baluchistan province in southwest Pakistan to an off-take point in Nawabshah. South Pars, which extends from Qatar’s North Field, is the largest known gas deposit in the world.
According to the feasibility study of the project, there is approximately $127 billion worth of gold and copper reserves — an estimate contested by the Pakistani experts who say that the real value is over $260 billion.
Fracking: The potential costs associated with possible environmental clean-up processes, loss of land value and human and animal health concerns are proven facts.