Energy – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 12 Nov 2018 09:33:02 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Energy crisis and CPEC contribution http://www.pakistaneconomist.com/2018/10/08/energy-crisis-and-cpec-contribution/ http://www.pakistaneconomist.com/2018/10/08/energy-crisis-and-cpec-contribution/#respond Sun, 07 Oct 2018 19:53:17 +0000 http://www.pakistaneconomist.com/?p=21268 Five years back, there was severe load shedding in Pakistan and foreign investors were reluctant in investing in the infrastructure sector especially in the power sector of Pakistan. Despite having vast energy resources especially coal reserves and water yet Pakistan couldn’t utilize these indigenous resources due to lack of policy framework and lack of funds. Due to …

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Rising energy costs: new economic challenges http://www.pakistaneconomist.com/2018/10/01/rising-energy-costs-new-economic-challenges/ http://www.pakistaneconomist.com/2018/10/01/rising-energy-costs-new-economic-challenges/#respond Sun, 30 Sep 2018 19:53:37 +0000 http://www.pakistaneconomist.com/?p=20967 The former caretaker government in June and July considerably increased the prices of petroleum products. The petroleum products prices are revised on every month by the Ministry of Finance and petroleum prices are suggested by the Oil and Gas Regulatory Authority (OGRA) on every end of the month to decide new petroleum products prices for …

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Major coal field and the required progress http://www.pakistaneconomist.com/2018/09/17/major-coal-field-and-the-required-progress/ http://www.pakistaneconomist.com/2018/09/17/major-coal-field-and-the-required-progress/#respond Sun, 16 Sep 2018 19:50:27 +0000 http://www.pakistaneconomist.com/?p=20538 Thar coalfield in Sindh province is bestowed with 175 billion tons of lignite coal, which can fuel power generation of over 100,000 megawatts for more than two centuries and the present government of Prime Minister Imran Khan can take good initiative of developing the coal-based power plants in Thar coalfield in order to meet the …

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Pakistan needs a robust energy policy http://www.pakistaneconomist.com/2018/08/06/pakistan-needs-a-robust-energy-policy/ http://www.pakistaneconomist.com/2018/08/06/pakistan-needs-a-robust-energy-policy/#respond Sun, 05 Aug 2018 19:58:35 +0000 http://www.pakistaneconomist.com/?p=18776 The new elected government will get the reign in control in less than a month. Pakistan Tahreek-e-Insaf (PTI) has contest the election to bring change in Pakistan and masses have given the party a big nod. While some of the analysts may not agree with the narrative that Pakistan’s biggest problem is not the inadequacy …

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Strong grains in oil and gas exploration in four years http://www.pakistaneconomist.com/2018/08/06/strong-grains-in-oil-and-gas-exploration-in-four-years/ http://www.pakistaneconomist.com/2018/08/06/strong-grains-in-oil-and-gas-exploration-in-four-years/#respond Sun, 05 Aug 2018 19:57:32 +0000 http://www.pakistaneconomist.com/?p=18754 Pakistan witnessed an increase of around 80 percent in oil and gas exploration activities in different potential areas during the last four years. The government took a number of initiatives which resulted in drilling of over 179 exploratory and 194 appraisal/developmental wells. The Exploration and Production (E&P) companies made over 101 new oil and gas …

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Review of oil and gas consumption last year http://www.pakistaneconomist.com/2018/08/06/review-of-oil-and-gas-consumption-last-year/ http://www.pakistaneconomist.com/2018/08/06/review-of-oil-and-gas-consumption-last-year/#respond Sun, 05 Aug 2018 19:54:12 +0000 http://www.pakistaneconomist.com/?p=18757 Pakistan’s dependence on the hydrocarbons has been growing immensely where the dwindling indigenous resources are being counterpoise by imports. According to the Economic Survey 2016-17, the domestic production of crude oil stood at 24.2 million barrels during 9 nine month fiscal year 2017. Pakistan imports large quantities of oil and petroleum products from Saudi Arabia …

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Native oil and gas discovery – self-support to cater future needs http://www.pakistaneconomist.com/2018/08/06/native-oil-and-gas-discovery-self-support-to-cater-future-needs/ http://www.pakistaneconomist.com/2018/08/06/native-oil-and-gas-discovery-self-support-to-cater-future-needs/#respond Sun, 05 Aug 2018 19:53:41 +0000 http://www.pakistaneconomist.com/?p=18747 Overcoming the chronic energy shortage in Pakistan is going to be the huge challenge for the upcoming government, which will take oath this month after July 25 general elections. Time calls for opening up the resource-rich Balochistan for investments in oil and gas sector, as the acute gas shortage has led to the closure of …

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Byco Petroleum Pakistan limited – past and present feat http://www.pakistaneconomist.com/2018/08/06/byco-petroleum-pakistan-limited-past-and-present-feat/ http://www.pakistaneconomist.com/2018/08/06/byco-petroleum-pakistan-limited-past-and-present-feat/#respond Sun, 05 Aug 2018 19:50:20 +0000 http://www.pakistaneconomist.com/?p=18759 The company was formed in January 1995 as a public listed company. It started its first oil refinery with a capacity of 30,000 barrels a day at Hub, Balochistan with commercial production starting from July, 2004. The capacity was later enhanced by 5000 barrels a day during the 2010 turnaround, making the total capacity to …

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Electricity import – an option worth no consideration http://www.pakistaneconomist.com/2018/07/30/electricity-import-an-option-worth-no-consideration/ http://www.pakistaneconomist.com/2018/07/30/electricity-import-an-option-worth-no-consideration/#respond Sun, 29 Jul 2018 19:59:28 +0000 http://www.pakistaneconomist.com/?p=18558 Out of 7.5 billion population of the entire world, around one billion people lack access to electricity across the world. There are huge energy crisis in some emerging economies such as India where denizens suffer up to 12 hours of load-shedding every day in some parts of the country. Pakistan is no exception in terms …

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Natural gas crisis major impediment in achieving food sufficiency http://www.pakistaneconomist.com/2018/04/23/natural-gas-crisis-major-impediment-achieving-food-sufficiency/ http://www.pakistaneconomist.com/2018/04/23/natural-gas-crisis-major-impediment-achieving-food-sufficiency/#respond Sun, 22 Apr 2018 21:45:34 +0000 http://www.pakistaneconomist.com/?p=15982 Food insecurity Pakistan has one of the world’s most impressive agricultural systems but it has not used it well or not being able to manage properly. Agriculture sector is still the dominant sector of the economy with profound impact on rural economy. Its forward and backward linkages particularly with the industrial sector, gives it central …

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