Yes, Pakistan does have oil reserves, though they are relatively modest compared to its consumption needs.
Pakistan's oil refining capacity is significant, processing around 400,000 barrels per day, or about 19 million tons per year. However, domestic crude oil production only meets a portion of this demand, supplying approximately 11.6 million tons annually. This falls short of the country's total demand of 20 million tons per year, necessitating imports to bridge the gap.
In short, while Pakistan possesses oil resources and a substantial refining capacity, its domestic production isn't sufficient to meet its energy needs, requiring the country to rely on imports.
