Energy – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 27 Jan 2020 11:16:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.4 Low international gas prices a good omen for Pakistan http://www.pakistaneconomist.com/2019/12/02/low-international-gas-prices-a-good-omen-for-pakistan/ http://www.pakistaneconomist.com/2019/12/02/low-international-gas-prices-a-good-omen-for-pakistan/#respond Sun, 01 Dec 2019 23:00:15 +0000 http://www.pakistaneconomist.com/?p=35286 Mercury level has already started declining and fears of gas load shedding are rising, historically load shedding of gas has been a regular feature in Pakistan. Not only gas supply to CNG stations and industries is curtailed/suspended, but domestic consumers also have to face the brunt of low pressure. This year low international gas prices …

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Contribution of risen energy to belt and road initiative http://www.pakistaneconomist.com/2019/12/02/contribution-of-risen-energy-to-belt-and-road-initiative/ http://www.pakistaneconomist.com/2019/12/02/contribution-of-risen-energy-to-belt-and-road-initiative/#respond Sun, 01 Dec 2019 22:35:10 +0000 http://www.pakistaneconomist.com/?p=35290 A delegation of more than 40 representatives from industrial, commercial and trade organizations from 17 countries paid a visit to Chinese solar panel maker Risen Energy Company. These countries border the Chinese government’s Belt and Road Initiative’s route and representatives from Slovakia, Brunei and Panama were also present. After touring Risen Energy’s production facilities, learning …

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Natural gas a cleaner fuel with huge forex savings http://www.pakistaneconomist.com/2019/04/22/natural-gas-a-cleaner-fuel-with-huge-forex-savings/ http://www.pakistaneconomist.com/2019/04/22/natural-gas-a-cleaner-fuel-with-huge-forex-savings/#respond Sun, 21 Apr 2019 19:59:09 +0000 http://www.pakistaneconomist.com/?p=27958 Pakistan is rich in natural gas but deficient in fossil oil. At present bulk of the gas demand is met through local production, which offers enormous saving of foreign exchange as well as cleaner environment. The added benefit is that Pakistan could buy gas from its next door neighbor Iran as well as a not …

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Rich Pakistan of natural gas and energy mix http://www.pakistaneconomist.com/2019/04/22/rich-pakistan-of-natural-gas-and-energy-mix/ http://www.pakistaneconomist.com/2019/04/22/rich-pakistan-of-natural-gas-and-energy-mix/#respond Sun, 21 Apr 2019 19:58:16 +0000 http://www.pakistaneconomist.com/?p=27866 It is a general belief that there are four elements of life i.e. Earth, Air, Fire and Water. Fire, which is synonymous to energy has always been more important and still considered the most significant. Keeping in view the importance of the energy in the everyday life people since ancient times, have always strived to …

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Qatar in LNG exporter supremacy after lifting moratorium http://www.pakistaneconomist.com/2019/04/22/qatar-in-lng-exporter-supremacy-after-lifting-moratorium/ http://www.pakistaneconomist.com/2019/04/22/qatar-in-lng-exporter-supremacy-after-lifting-moratorium/#respond Sun, 21 Apr 2019 19:57:55 +0000 http://www.pakistaneconomist.com/?p=27888 Qatar is endowed with major hydrocarbon reserves, especially in relation to the size of its population. Nearly all of its gas reserves are contained in an offshore gas field called the North Field which is the largest, single natural gas deposit in the world. Combining Qatar’s reserves of gas, crude oil and condensates equated to …

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Making Balochistan’s gas, oil findings worthy http://www.pakistaneconomist.com/2019/04/22/making-balochistans-gas-oil-findings-worthy/ http://www.pakistaneconomist.com/2019/04/22/making-balochistans-gas-oil-findings-worthy/#respond Sun, 21 Apr 2019 19:55:28 +0000 http://www.pakistaneconomist.com/?p=27903 Balochistan has the country’s extensive oil and gas reserves. According to an estimate, out of the Pakistan’s estimated 25.1 trillion cubic feet (Tcf) of proven gas reserves, 19 trillion are located in Balochistan. According to another estimate, out of the country’s proven oil reserves of 300 million barrels, largely are located in the province. Strategically …

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LPG is no more a poor man’s fuel http://www.pakistaneconomist.com/2019/04/22/lpg-is-no-more-a-poor-mans-fuel/ http://www.pakistaneconomist.com/2019/04/22/lpg-is-no-more-a-poor-mans-fuel/#respond Sun, 21 Apr 2019 19:54:34 +0000 http://www.pakistaneconomist.com/?p=27895 There is a prevalent assumption these days that once titled as a poor man’s fuel, Liquefied Petroleum Gas which is used by around nine million LPG consumers throughout the country, is no more a poor man’s fuel since even the poor stratum of the society cannot afford it anymore with the prices surging every now …

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Cash in tidal, wave energy potential of Balochistan http://www.pakistaneconomist.com/2019/02/18/cash-in-tidal-wave-energy-potential-of-balochistan/ http://www.pakistaneconomist.com/2019/02/18/cash-in-tidal-wave-energy-potential-of-balochistan/#respond Sun, 17 Feb 2019 19:52:50 +0000 http://www.pakistaneconomist.com/?p=25632 The coastal areas of Balochistan like Gwadar and Pasni in Makran district provide good conditions and climate for installation and working of the tidal energy generators. These projects will control the power shortage problem in the province. With the development of Gwadar into a hub port of the region on the pattern of Dubai, Hong …

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Power of solar energy to empower Pakistan http://www.pakistaneconomist.com/2019/01/28/power-of-solar-energy-to-empower-pakistan/ http://www.pakistaneconomist.com/2019/01/28/power-of-solar-energy-to-empower-pakistan/#respond Sun, 27 Jan 2019 19:59:37 +0000 http://www.pakistaneconomist.com/?p=24939 The Islamic Republic of Pakistan which became an independent state in 1947 is governed by a federal parliamentary constitution. It is globally the sixth most populous country with a population of approximately 200 million people and a comparatively high population growth rate of 1.5%. Pakistan is a semi-industrialized economy with a presentable textile, food processing …

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Saudi Arabia, Russia investment: an impetus to Pakistan energy sector http://www.pakistaneconomist.com/2019/01/28/saudi-arabia-russia-investment-an-impetus-to-pakistan-energy-sector/ http://www.pakistaneconomist.com/2019/01/28/saudi-arabia-russia-investment-an-impetus-to-pakistan-energy-sector/#respond Sun, 27 Jan 2019 19:57:46 +0000 http://www.pakistaneconomist.com/?p=24934 Ardent interest of Saudi Arabia Pakistan wants to develop Gwadar not only as an economic hub but also an oil city consisting of oil refineries and petrochemical complexes under CPEC. Gwadar’s port is being developed as part of the $64 billion China-Pakistan Economic Corridor, an ambitious plan to build energy and transport links connecting the …

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