Natural Gas is believed to have the potential to lead the economy of Pakistan in the days to come. It is the natural gas which offers solutions to acute problems currently faced by the economy. The rising power rates posing a real problem for the government and the industry and even the donors now believe that further increase in electricity cost was not viable in Pakistan. It is said that doing business in Pakistan was not reasonably attractive due to high cost of production. Officials in the ministries of Commerce and Industries and Production also believed that most of the Pakistani products would remain uncompetitive internationally with the advent of World Trade Organization regime two years later mainly because of unreasonably high utility cost.