Karachi—PPP Senator Gul Mohammed Lot has said that out of total 1.47 trillion tons of coal reserves in the world. Talking to a delegation of Thari notables at Lot House,he said the highest share is wih the US with 274 billion tons while Pakistan is regarded as a country with second biggest reserves of 185 billions tons out of which it hardly produces 40 million tons a year. Senator said that neighbouring country had lower coal reserves than Pakistan, still we produce only 10 percent of coal in comparison to them.
He said the present governemnt was making every effort to increase the capability for higher coal production.
He said according to a report, if our coal production was brought equal to that of India, then Pakistan could earn 8 billion dollars annually by producing 5 lac barel diesel daily, 4 billion cubic feet of gas, 90 million tons of fertilizer annually, 3.7 million barrel manthole annually and 8.5 million barrel Mitha anually. He said with that revenue, not only Sindh but people of Pakistan could be made economically stable.
The Senator pointed out that a country like India fulfils 54 percent of industrial requirement and Veitnam produces 41 percent electricity from coal and if that natural resource in Pakistan was utilised with an immaculate planning and its economy grows at just 7 percent, then its GDP could go up from 167 billion dollars to 10 trillion dollars in the next 50 years.
Gul Mohammed Lot said that with existing coal reserves, the country could meet the requirements of six power stations of 1000 MW for the next 30-50 years.—APP

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