Present govt must formulate an aggressive exploration policy for the province Present government led by Prime Minister Imran Khan needs to formulate an aggressive exploration policy for energy-rich Balochistan. Strategically located province is surrounded by the countries like Afghanistan, Iran, …
Read More »Gas crisis in Karachi: most glaring example of incompetency
The recent gas crisis in Karachi, provincial capital of Sindh is the most glaring example of incompetency of the incumbent government. The city faced indefinite closure of CNG stations and suspension of gas supply to captive power plants maintained by …
Read More »OPEC oil supply cut may affect Pakistan’s economy
The OPEC-led group of oil producers announced a supply cut of 1.2 million barrels per day (bpd) in crude oil supply from January 2019, measured against October 2018 output levels. The move follows a more than 30 percent collapse in …
Read More »Energy crisis and CPEC contribution
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 …
Read More »Rising energy costs: new economic challenges
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 …
Read More »Major coal field and the required progress
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 …
Read More »Pakistan needs a robust energy policy
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 …
Read More »Strong grains in oil and gas exploration in four years
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 …
Read More »Review of oil and gas consumption last year
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 …
Read More »Native oil and gas discovery – self-support to cater future needs
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 …
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