Donald Trump’s Pakistan Oil Gamble Ignores Strategic And Security Risks | World News
US President Donald Trump’s decision to cooperate with Pakistan and cooperation with Pakistan and mining was defined as a “unrestrained error ıyla that could lead to significant financial losses, according to a recent analysis. Criticism points to the history of attempts to find live oil reserves in the region, which shows that Washington can invest in an offer that has once again lost.
In an article published by Inkstick, Analyst Marcus Andreopoulos argues that Trump’s decision maintains a short -term strategic reconstruction model in South Asia, and looks at deeper, long -standing challenges.
“Trump, who agreed to help to remove oil, continues to position the proper reposition in the region. Nevertheless, the President of the United States ignores the inevitable strategic traps lying in front of this movement.
While Balochistan continues to be an important source of natural gas in Pakistan, the allegations of repeated oil discoveries in the state have been constantly proven. Various Pakistani administrations have shown speculative estimates showing that there are billions of barrels under the country and its adjacent waters in allegations that are not confirmed through successful drilling.
The article also emphasizes the worsening security environment in Pakistan as a large red flag for deeper US participation.
“In the last three years, the sharp increase in the violence aimed at the Chinese workers in Pakistan and infrastructure projects should make more warnings against the US participation in the country,” he warns.
Despite these concerns, even if Islamabad will give concrete results for Washington, it is likely to meet any symptoms of American investment. For Pakistan, such cooperation represents both a potential economic life line and the opportunity to strengthen diplomatic ties with the US.
However, energy analysts continue to be skeptical. Trump’s optimism about Pakistan’s “large oil reserves, is surprisingly defined, considering the relatively modest estimates of the country’s real crude oil holders. According to various studies, Pakistan’s proven oil reserves vary between 234 and 353 million barrels and ranks 50th in the world. The country is largely dependent on imports to meet local energy requirements and even import oil from the United States.
Particularly in variable regions such as Balochistan, a successful finding can be politically destabilizing. The state, which has been uncomfortable with ethnic and political unrest for a long time, saw tensions further increased due to perceptions of foreign exploitation. China’s participation in China-Pakistan Economic Corridor (CPEC) has already provoked local anger. In the field of welding, an American footprint can aggravate this unrest and turn the US into internal strife.
Strategically, Balochistan appeals for the United States as a perspective, especially for watching Iran. However, the article states that such geopolitical ambitions, especially anti -Western emotions, have a significant risk in an area where they are settled.
As of 2016, the data obtained from the world will show that Pakistan has proven 353 million barrels of barrels and has only 0.021% of the world sum. If the country stops imports, based on the consumption rate of 556,000 barrels per day, these reserves will last below two years.
The existing oil production in Pakistan is only 70,000 to 80,000 barrels per day and meets only 15-20% of domestic demand. The remaining, costly imports are covered.
An official from Indian Oil Corporation said that domestic fuel prices in Pakistan are among the globally highest ones, and high -speed diesel per liter per liter and 284.35 RS per liter are more than twice the cost in neighboring India.
The same official added that Pakistan’s refinery infrastructure is both limited and outdated, that oil discovery efforts are facing a low success rate, and that they are prevented by political instability, security threats and financial restrictions, all of whom is more than foreign investment.
(With inputs from Ians)
