LONDON (Reuters) - Pakistans oil minister said on Friday there was solid interest from multinationals such as ENI , BP and OMV in bidding for 53 oil and gas exploration blocs concentrated in the countrys south. Petroleum Minister Asim Hussain said he hoped to use the oil and gas gained from auctioning off an area of 800,000 square km offshore and onshore in the provinces of Sindh, Balochistan and the North West Frontier primarily for domestic use. Pakistan, which said it produced 69,954 barrels of oil per day in 2007-08, estimates it has 54 trillion cubic feet in recoverable reserves of natural gas and 934 million barrels of oil. There are well known names, Hussain told Reuters in an interview while on a trip to Britain to encourage bids, adding that Tullow, Czech firm MND and Pakistani companies had attended meetings. We dont know who will be bidding but theyve expressed interest and met me. Theres a lot of activity. Hussain gave no details on how much oil and gas might be found on the concessions, saying that further geological studies would be necessary. He also gave no details on the terms of the deal, except to say there would be no base price for bids. Pakistan is hamstrung by power shortages, which Hussain hopes to alleviate by increasing oil and gas exploration. Were doing it for international use also, he said. But first we need to meet domestic demand. Around 53 percent of Pakistanis go without power for at least eight hours a day, a Gallup Pakistan poll found. In 2008, natural gas accounted for 48 percent of Pakistans power output and fuel oil 16 percent, according to consultancy FACTS Global Energy, which sees fuel oil demand for power generation going from 155,000 barrels per day in 2008 to 177,000 bpd in 2012. The representative of a London engineering consultancy, which was considering investing in the project, said despite the additional feasibility studies needed it seemed viable, and that Pakistans domestic instability would not scare off investors. But he said Pakistan would likely not succeed in auctioning off all 53 of the blocs, as the financial crisis had reduced investment expenditure. The terms are very good, he told Reuters, adding that he too did not know how much oil and gas could be generated. Theres the problem of violence in Pakistan. But in the oil and gas world, which country is safe? Balochistan, which borders Iran and Afghanistan, is the biggest Pakistani province by territory. Mounting instability in Pakistan has fuelled speculation that the country could fall apart. The doomsters often cite Baluchistan as the region most likely to splinter first, although the Pakistan army has always maintained an iron grip.