KARACHI Pakistan has an estimated tight gas reserves of 33 trillion cubic feet (tcf) which are more than the existing estimated natural gas reserves of 27 tcf in the country, said the deputy managing director (operations), Sui Southern Gas Company (SSGC) Syed Hassan Nawab, says a press release. He was delivering a presentation on Natural Gas Industry in Pakistan: Progress and Prospects at 7th International Pogee Conference 2011 for Oil and Gas and Energy Industry at Karachi Expo Centre Wednesday. Joint Secretary Ministry of Petroleum and Natural Resources Raashid Bashir Mazari was the chairman of the session. Quoting report of Pakistan Petroleum Exploration and Production Companies Association (PPEPCA), Hassan Nawab said the country will have sufficient natural gas if tight gas is explored with the help of advanced technology. He pointed out that the government has prepared the draft policy for tight gas and it is currently with the Council of Common Interest (CCI) and this will be approved soon. Quoting some of the incentives in the draft tight gas policy, he said that investors will be offered 40 percent premium on the current gas price for exploring tight gas. Similarly, 50 percent premium will be offered on current gas price to investors if they commission their project by December 2011.