Cover Stories – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 21 Oct 2019 07:39:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.3 LNG demand to underpin the economic recovery http://www.pakistaneconomist.com/2019/10/21/lng-demand-to-underpin-the-economic-recovery/ http://www.pakistaneconomist.com/2019/10/21/lng-demand-to-underpin-the-economic-recovery/#respond Sun, 20 Oct 2019 20:02:13 +0000 http://www.pakistaneconomist.com/?p=33733 LNG demand in Pakistan is soaring in the wake of nascent economic recovery, as being anticipated. The paucity of energy has been rather detrimental over the decades in Pakistan. The domestic exploitation of energy resources has not been ample to address the perennial conundrums of the industrial sector. Natural gas contributes to around 50% of …

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To sort out issues in the gas sector: Update regulatory changes and foreign investment http://www.pakistaneconomist.com/2019/10/21/to-sort-out-issues-in-the-gas-sector-update-regulatory-changes-and-foreign-investment/ http://www.pakistaneconomist.com/2019/10/21/to-sort-out-issues-in-the-gas-sector-update-regulatory-changes-and-foreign-investment/#respond Sun, 20 Oct 2019 20:01:59 +0000 http://www.pakistaneconomist.com/?p=33676 The policy for oil and gas exploration & production could be described as confused at best. Although the government has eliminated the quota system and is preparing a draft in order to separate the functions of policymaking, regulation and administration of the exploration and production (E&P) sector, still it would be an uphill task to …

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Dollar free fall only after oil & gas indigenous production to sustain Pakistan economy http://www.pakistaneconomist.com/2019/10/21/dollar-free-fall-only-after-oil-gas-indigenous-production-to-sustain-pakistan-economy/ http://www.pakistaneconomist.com/2019/10/21/dollar-free-fall-only-after-oil-gas-indigenous-production-to-sustain-pakistan-economy/#respond Sun, 20 Oct 2019 20:00:18 +0000 http://www.pakistaneconomist.com/?p=33711 Oil & Gas is life line of any economy. Oil & Gas producing countries have become advanced states with higher per capita. Although Pakistan is rich in Oil & Gas resources yet the import lobbies and commission agents have kept it poor; forcing it to carry the begging bowl. Import of Oil & Gas is …

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Smart subsidy by Punjab Govt: a step in right direction http://www.pakistaneconomist.com/2019/10/21/smart-subsidy-by-punjab-govt-a-step-in-right-direction/ http://www.pakistaneconomist.com/2019/10/21/smart-subsidy-by-punjab-govt-a-step-in-right-direction/#respond Sun, 20 Oct 2019 19:59:01 +0000 http://www.pakistaneconomist.com/?p=33721 In Pakistan more than 50% of the farm land is owned by less than 10% of farmers i.e. land holding is concentrated in hands of rich zameendars/agriculturalists. However, the remainder 90% of farmers have very small land holdings, which highlights the significance of small and subsistence farmers in Pakistan’s agri-sector employment. In this scenario, the …

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Byco plants trees at Miyawaki Urban Forest in Clifton http://www.pakistaneconomist.com/2019/10/21/byco-plants-trees-at-miyawaki-urban-forest-in-clifton/ http://www.pakistaneconomist.com/2019/10/21/byco-plants-trees-at-miyawaki-urban-forest-in-clifton/#respond Sun, 20 Oct 2019 19:58:22 +0000 http://www.pakistaneconomist.com/?p=33741 As part of Byco’s sustainability strategy to help preserve the environment, the company recently initiated a tree plantation drive with Urban Forest. Byco sponsored the plantation and development of 1000 trees and invited all the employees to take part in the plantation, which took place at Old Clifton Urban Forest, Karachi. The Urban Forest is …

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Responsible citizen – the need of the hour http://www.pakistaneconomist.com/2019/10/21/responsible-citizen-the-need-of-the-hour/ http://www.pakistaneconomist.com/2019/10/21/responsible-citizen-the-need-of-the-hour/#respond Sun, 20 Oct 2019 19:57:30 +0000 http://www.pakistaneconomist.com/?p=33735 Every nation that has risen to great heights has done so because of its citizens’ hard work and perseverance. Unity is imperative to develop a progressive state that provides for the welfare of its people. Take the examples of Malaysia, Indonesia, or Bangladesh. Their limited resources did not hinder their quest for progress and instead …

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Winter season and upcoming gas crises http://www.pakistaneconomist.com/2019/10/21/winter-season-and-upcoming-gas-crises/ http://www.pakistaneconomist.com/2019/10/21/winter-season-and-upcoming-gas-crises/#respond Sun, 20 Oct 2019 19:56:07 +0000 http://www.pakistaneconomist.com/?p=33752 Winter season in Pakistan is knocking the door. In fact it has already started in some parts of northern areas. This year again we are expecting another gas crisis. Energy shortfall and disputes over its allocation have become regulars feature during winter season; as there is 40% increase in gas demand. Around 40 percent of …

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Indigenous oil and gas resources – Balochistan remains a hidden gem http://www.pakistaneconomist.com/2019/10/21/indigenous-oil-and-gas-resources-balochistan-remains-a-hidden-gem/ http://www.pakistaneconomist.com/2019/10/21/indigenous-oil-and-gas-resources-balochistan-remains-a-hidden-gem/#respond Sun, 20 Oct 2019 19:55:09 +0000 http://www.pakistaneconomist.com/?p=33689 Pakistan imports Liquefied Natural Gas (LNG) to meet the demand of the country’s power sector. The gas indigenously produced stands at 4 billion cubic feet per day (bcfd) against total demand of 6 bcfd. The country has to import 1.2 bcfd LNG to meet the domestic requirements. The rapid depletion of existing hydrocarbon reservoirs in …

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HITIT celebrates first anniversary since being a technology partner with PIA http://www.pakistaneconomist.com/2019/10/21/hitit-celebrates-first-anniversary-since-being-a-technology-partner-with-pia/ http://www.pakistaneconomist.com/2019/10/21/hitit-celebrates-first-anniversary-since-being-a-technology-partner-with-pia/#respond Sun, 20 Oct 2019 19:54:29 +0000 http://www.pakistaneconomist.com/?p=33705 Hitit and PIA celebrate their first anniversary of completing the migration process in Pakistan. The first anniversary was celebrated with an official gala dinner, at the Movenpick, Karachi, attended by dignitaries representing Hitit, PIA, TAAP and the Turkish Consulate. On 18 April 2018, PIA and Hitit signed their partnership agreement. In just five months, on …

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TAPI gas pipeline: a dream project for Pakistan, India http://www.pakistaneconomist.com/2019/10/21/tapi-gas-pipeline-a-dream-project-for-pakistan-india/ http://www.pakistaneconomist.com/2019/10/21/tapi-gas-pipeline-a-dream-project-for-pakistan-india/#respond Sun, 20 Oct 2019 19:53:08 +0000 http://www.pakistaneconomist.com/?p=33722 For many Pakistanis, the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is mere a dream. However this project is vital for Pakistan and India; as both are facing acute energy shortage crises. Its starting point is in Turkmenistan, passes Afghanistan and then reaches to Pakistan and India. It is also known as Trans-Afghanistan Pipeline, is a natural gas …

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