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2/11/2013

Lun M, Era

Pakistan Energy Sector Background


Pakistans energy requirement is increasing rapidly every year. The primary energy consumption in Pakistan grew by almost 80% in the past 15 long time from 34 million tons oil equivalent (TOE) in 1994-95 to 61 million TOE in 2009-10.

The realms energy supply currently comes primarily from indigenous graphic gas which is 45% of the energy assortment and oil imports at 35% of the energy mix, with the balance from hydel at 12%, char at 6% and nuclear at 2% of the mix respectively.

Supply of indigenous inborn gas has provided study rear for Pakistans economic growth over the past several(prenominal) decades and has enabled the construction of an extensive gas transmission and distribution football field in the country.

Conventional gas reserves in the country ar however expected to decline over the contiguous few years and Pakistan needs to develop enkindled strength for exploration and production of offshore and unconventional gas reserves (tight gas, shale gas) and to arrange for meaning(a) gas imports via pipelines and as liquefied natural gas (LNG).

Additionally Pakistan essential move forward with information of its large-scale coal reserves in the Thar coal-fields to ensure protective covering of long-term energy supply.

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Steady growth in renewable energy sources such as hydel, nuclear, solar and wind must also remain part of the energy mix in the country.

Meanwhile urgent reforms in the power sector are required to grow power generation capacity and enhance transformation efficiency. The current circular debt is also a major issue for the energy sector and has become a significant barrier for energy phylogenesis in Pakistan.

International pecuniary resources and technical expertise will be required for development of the diverse energy segments in Pakistan and this will provide hypnotic opportunities for investments by global energy and finance organizations.

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