oil – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 15 Jul 2019 10:22:39 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 Public sector input and more FDI attraction can help gas, oil and energy grow up http://www.pakistaneconomist.com/2019/07/08/public-sector-input-and-more-fdi-attraction-can-help-gas-oil-and-energy-grow-up/ http://www.pakistaneconomist.com/2019/07/08/public-sector-input-and-more-fdi-attraction-can-help-gas-oil-and-energy-grow-up/#respond Sun, 07 Jul 2019 19:49:06 +0000 http://www.pakistaneconomist.com/?p=30242 Interview with Dr. Ayub Mehar — a renowned economist PAGE: Tell me something about yourself, please: Dr. Ayub Mehar: I am serving as ‘Professor’ in Iqra University Karachi and also ‘Economic Advisor’ of the Employers’ Federation of Pakistan. Currently, I am also associated with the Asian Development Bank Institute on a project for Infrastructure Financing in …

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Brewing turmoil in Pakistan’s backyard http://www.pakistaneconomist.com/2019/05/27/brewing-turmoil-in-pakistans-backyard/ http://www.pakistaneconomist.com/2019/05/27/brewing-turmoil-in-pakistans-backyard/#respond Sun, 26 May 2019 19:54:12 +0000 http://www.pakistaneconomist.com/?p=29091 Since Donald Trump administration refused to extend waivers for Iranian oil exports, the United States and Iran have been giving threats and counter threats. In response to the US decision to tighten oil sanctions and push Iranian oil exports to zero, Iran has expressed its determination to resist the US pressure and retaliate, if deemed …

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Economic Slowdown Felt Around the World http://www.pakistaneconomist.com/2019/04/16/economic-slowdown-felt-around-the-world/ http://www.pakistaneconomist.com/2019/04/16/economic-slowdown-felt-around-the-world/#respond Tue, 16 Apr 2019 09:56:36 +0000 http://www.pakistaneconomist.com/?p=27772 Whether it’s the Chinese manufacturing sector contracting or oils prices falling – signs of a global economic slowdown are plenty these days. The reasons are just as diverse, and include U.S.-China trade tensions, economic turmoil in countries like Argentina, Turkey and Venezuela, a weak German automobile sector and interest rates which are slowly increasing again. IMF chief …

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The Most Profitable Companies in the World http://www.pakistaneconomist.com/2019/04/02/the-most-profitable-companies-in-the-world/ http://www.pakistaneconomist.com/2019/04/02/the-most-profitable-companies-in-the-world/#respond Tue, 02 Apr 2019 07:07:14 +0000 http://www.pakistaneconomist.com/?p=27240 Apple has long been known as the world’s most profitable company, but those days are over. By preparing to be publicly listed, Saudi state oil company Saudi Aramco had to disclose company reports and was subsequentially rated by Moody’s to have earned US$111.1 billion in 2018, far surpassing competitors. In fact, the Saudi company’s net profit equaled …

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CPEC benefits: Pakistan offers investment opportunities to Saudi Arabia and UAE http://www.pakistaneconomist.com/2019/04/01/cpec-benefits-pakistan-offers-investment-opportunities-to-saudi-arabia-and-uae/ http://www.pakistaneconomist.com/2019/04/01/cpec-benefits-pakistan-offers-investment-opportunities-to-saudi-arabia-and-uae/#respond Sun, 31 Mar 2019 19:56:21 +0000 http://www.pakistaneconomist.com/?p=27100 Gwadar soon will become ‘base station’ for import and export of oil to Middle East Saudi Arabia has shown a keen interest in China-Pakistan Economic Corridor (CPEC) primarily to relate its economy with China and take steps in achieving its Vision 2030, which aims to diversify the economy with energy mega projects to reduce oil dependency. This …

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Review of oil and gas, power and renewable energy sector of Pakistan http://www.pakistaneconomist.com/2019/01/28/review-of-oil-and-gas-power-and-renewable-energy-sector-of-pakistan/ http://www.pakistaneconomist.com/2019/01/28/review-of-oil-and-gas-power-and-renewable-energy-sector-of-pakistan/#respond Sun, 27 Jan 2019 19:52:03 +0000 http://www.pakistaneconomist.com/?p=24932 Economic role of natural gas Pakistan’s primary energy supply mix clearly shows natural gas as playing major role in country’s economic development by accounting for nearly 50 percent of its total primary energy supply mix. Pakistan’s natural gas production has remained stagnant at nearly 4,000 mmcfd during the last decade. Over last few decades, Pakistan …

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Energy import bill: a conundrum for the govt in 2018-19 http://www.pakistaneconomist.com/2018/12/31/energy-import-bill-a-conundrum-for-the-govt-in-2018-19/ http://www.pakistaneconomist.com/2018/12/31/energy-import-bill-a-conundrum-for-the-govt-in-2018-19/#respond Sun, 30 Dec 2018 19:54:20 +0000 http://www.pakistaneconomist.com/?p=23930 The year 2018 was no different for Pakistan since there was surge in the oil import bill despite the lower international prices. On the one hand, increase in the use of oil indicates economic activities, however, on the contrary, it burdens the country with the unaffordable liabilities. There was spike in Pakistan’s oil import bill …

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Challenges and prospects to sustain E&P sector in Pakistan http://www.pakistaneconomist.com/2018/12/17/challenges-and-prospects-to-sustain-ep-sector-in-pakistan/ http://www.pakistaneconomist.com/2018/12/17/challenges-and-prospects-to-sustain-ep-sector-in-pakistan/#respond Sun, 16 Dec 2018 19:58:07 +0000 http://www.pakistaneconomist.com/?p=23366 Pakistan heavily relies on imported energy – petroleum oil and fuel gases – to run the economy. According to estimates, it meets around 70 percent of energy needs through imports. Energy imports comprise around one-fourth of the total import bill of the country. Pakistan imported energy fuels worth $5.17 billion, which was over 27 percent …

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Oil refining most important segment of energy chain http://www.pakistaneconomist.com/2018/12/17/oil-refining-most-important-segment-of-energy-chain/ http://www.pakistaneconomist.com/2018/12/17/oil-refining-most-important-segment-of-energy-chain/#respond Sun, 16 Dec 2018 19:57:49 +0000 http://www.pakistaneconomist.com/?p=23430 Crude oil refineries are the most important segment of the energy chain in Pakistan. They not only save billions of dollars every year, but also add value, provide employment and make substantial contribution to the national exchequer. However, it will not be wrong to say that refining units receives little support from the government and …

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Outlook of upstream oil and gas sector http://www.pakistaneconomist.com/2018/12/17/outlook-of-upstream-oil-and-gas-sector/ http://www.pakistaneconomist.com/2018/12/17/outlook-of-upstream-oil-and-gas-sector/#respond Sun, 16 Dec 2018 19:56:09 +0000 http://www.pakistaneconomist.com/?p=23415 Natural gas plays a major role in the energy matrix of Pakistan. It accounts for almost 32 percent of the total primary energy supply mix in Pakistan and Pakistan is 20th largest gas consumer of the word, with an established natural gas industry. Pakistan’s gas consumption is nearly the same as in France, which is …

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