Long lasting energy crises in Pakistan

Long-lasting energy crises in Pakistan

Pakistani people are not in a position to take a break, as they have prolonged electricity load shedding in the summer, while they face gas load shedding in the winter.

It will not be less than a miracle, if the rulers of Pakistan awaken and witness that how the country is going towards destruction gradually, due to widening energy crises. The key reason behind this is only poor planning and negligence of the resources
what the country has.

The demand of the gas is growing day by day while the gas pressure has been dropping since the start of the winter. The fertiliser and textiles industries are mainly victim of the gas shortage, of which gas is used a raw material and fuel.

In an interesting move, the government made a unique plan to bridge the gap between supply and demand. It ordered to close the CNG stations for two days while industries for three days in a week that is not an appropriate way at all.

Despite being aware of the gas deficiency, it was the government that introduced the CNG service, claiming to make the transport cost-saving and environment friendly. In a shocking budge, the Punjab government recently introduced a CNG-based bus service,
aiming to make the public transport comfortable to the commuters.

Pakistan is considered the largest user of the CNG (Compressed Natural Gas). However, this status will soon change due to current consumption pattern. The Sui gas reservoirs are promptly declining and will continue with a maximum of 20 to 30 years with same
usage ratio.

It is worth highlighting here that Pakistani wells have the world’s lowest exploration rate that is also reducing day bay. Conversely, the good news is that the discovery rate of new wells is higher compared to the other countries.

One shortest and easy way to come out the issue of gas shortage is import of Liquefied Petroleum Gas (LPG). However, the government will require foreign exchange to do so, which unluckily it does not has.

Although it will be an expensive solution, it is only shortest way to bridge the gap between supply and demand.

In the long term steps, Pakistan will have to devise a strategy to attract foreign investors to establish new wells and increasing the current exploration rate.  

Additionally, the government will have to increase the investment opportunities in the country. It will have to work consistently on the long-term planning and strategies, if it wants to meet the current and future deficit between demand and supply.

Short URL: https://www.newspakistan.pk/?p=5789

Posted by Faisal Farooq on Dec 10 2011. Filed under Latest News, Pakistan. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry