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Pakistan
consumes over 400,000 barrels of oil per day. To meet this
fuel demand country has to import 150,000 barrels of crude
per day at a cost of around $3 billion which comes 30 per
cent of our total export earnings. The present government
however striving hard to get rid of the huge burden of
import bill on the national economy by utilizing indigenous
energy resources like natural gas and coal. The economic
managers have no option but to improve the available energy
resources within the country or to find substitutes for oil
like natural gas or utilization of coal reserves so far
untapped in Pakistan. In KESC system almost 80 per cent
thermal power generation has been shifted to gas
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while
cement industry has been moved on
coal-fired system. Consequently, the import of
furnace oil will be stopped from next month saving at $1
billion a year.
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