·Here re some more intriguing facts about natural gas reserves in Pakistan Natural gas is found worldwide but some countries have more reserves than others Among many such countries Pakistan ranks 29 th in the world Owing to its global ranking a recent study suggests that Pakistan has around 19 trillion cubic feet Tcf of proven gas
·Natural gas plays a key role in Pakistan s energy balance which is currently around 50% of the country s primary energy supplies With accelerating economic growth the demand for gas is projected to increase sharply and the country s recoverable indigenous gas reserves will be insufficient to meet this demand
·Natural gas is an essential fuel source for Pakistan as its total primary energy mix included approximately 38% of Natural Gas in 2015 Pakistan Economic Survey 2018 Until 2005 the country was self sufficient in natural gas but a lack of alternative fuels and price subsidies combined with declining production have led to systematic shortages of gas and electricity
·KARACHI Pakistan s caretaker government has given a go ahead for a substantial rise in the gas tariff to meet a key condition of the International Monetary Fund IMF ahead of the first review of a $3 billion bailout facility financial experts said on Tuesday The hike in gas tariffs was approved by the Economic Coordination Committee ECC of the federal
·Soorya Tejomoortula Oil and Gas Analyst at GlobalData comments Strong demand for natural gas is prompting Pakistan to focus on the development of the gas pipelines Pakistan Stream Gas is the longest upcoming gas transmission pipeline in the country with a total length of 1100 km It is expected to start operations in 2024
·A significant deposit of petroleum and natural gas has been discovered in Pakistan s territorial waters with estimates suggesting it could be the fourth largest oil and gas reserve globally added that the size of the reserves and the recovery rate of production would determine whether they could meet Pakistan s energy needs If gas
·The federal government of Pakistan has approved an increase in natural gas prices for different categories of consumers effective from November 1 2023 The decision was made in light of the
·A substantial deposit of petroleum and natural gas has been discovered in Pakistan s territorial waters a cache so large its exploitation could change the country s destiny
·Natural gas is a vital energy resource that is used to produce the national output of Pakistan On the other hand since natural gas is a relatively cleaner energy resource compared to oil and coal enhancing the level of natural gas consumption can be expected to promote economic growth while somewhat improving environmental quality in the process
·The demand for natural gas in Pakistan due to the surge in population has increased resulting in the serious shortage of gas supply As a result the supply has failed to match the demand [3
·Natural Gas including LNG For decades natural gas stood up as the leading energy source to serve sectoral and power generation needs Currently natural gas accounts for 40 percent of the energy mix Due to the continuous depletion of the local gas reserves the supply gap is filled with imported LNG to meet the rising demand
·This is mainly due to the high rate of fugitive GHG emission during pipeline transmission and distribution of natural gas in Pakistan as compared to that of Europe Similarly for gasoline and diesel fuel the comparison clearly shows that the current study for Pakistan follows the general trend regarding WtT GHG emission when compared with
·Natural gas market overview Natural gas is a major contributor to Pakistan s primary energy mix providing almost 50% of the total energy needs see Figure 1 It is used extensively across a number of sectors—power residential and commercial industry fertilizer and transport compressed natural gas [CNG] Figure 1 Pakistan s
3 ·Pakistan s natural gas production reached a peak in 2012 and since then Pakistan s production from existing fields has started to decline and recent small natural gas discoveries are barely able to offset production declines According to the Energy Information Administration Pakistan holds sizeable shale gas reserves and the Pakistani
·This study examines both the short and long term dynamics of natural gas consumption in Pakistan through an econometric model sector specific income price and cross price elasticities of natural gas demand are estimated over the period 1978 estimated income elasticities indicate that real GDP per capita exerts a larger impact on gas consumption
Collection of Crude Oil and Natural Gas Production data from Ministry of Petroleum & Natural Resources Electricity Generating Data from respective agencies WAPDA KESC Pakistan Atomic Energy Commission PAEC Pakistan Steel and Independent Power Plant IPPs Supply of Data Monthly/Quarterly/ Annual Monthly Bulletin of Statistics
·Pakistan Natural Gas Production OPEC Marketed Production was reported at 35 Cub m mn in Dec 2023; This records a decrease from the previous number of 36 Cub m mn for Dec 2022; Pakistan Natural Gas Production OPEC Marketed Production data is updated yearly averaging 13 Cub m mn from Dec 1960 to 2023
·a gas system One feature of gas supply in Pakistan is high losses in SNGPL s and SSGC s systems referred to as Unaccounted for Gas UFG It is the difference between the volume of gas that these companies purchase and what they sell to consumers It Furthermore natural gas is used very inefficiently in Pakistan
·The government s bid to revive a $6 billion bailout led it to hike taxes on natural gas for domestic and industrial consumers from 16 percent to 112 percent Pakistan Hikes Natural Gas Taxes in
·Natural Gas including LNG For decades natural gas stood up as the leading energy source to serve sectoral and power generation needs Currently natural gas accounts for 40 percent of the energy mix Due to the continuous depletion of the local gas reserves the supply gap is filled with imported LNG to meet the rising demand
·This study examines both the short and long term dynamics of natural gas consumption in Pakistan through an econometric model sector specific income price and cross price elasticities of natural gas demand are estimated over the period 1978 estimated income elasticities indicate that real GDP per capita exerts a larger impact on gas consumption
·Under sustainable policies Pakistan s natural gas is predicted to adequately rise which will significantly impact energy security economy and environment The objective of the study is to analyze NGC factors decomposition in Pakistan from 1996 to 2020 applying the logarithmic mean Divisia index method to provide evidence of the effect of
·Major natural gas reserves discovered in Sindh s Sajawal PPL says wellhead flowing pressure recorded at million standard cubic feet and daily production of 236 barrels
·Natural gas is a dominant fuel in Pakistan accounting for 47% of primary energy demand in 2007 Since 2000 natural gas and petroleum are the main sources of energy in Pakistan consist of 50% and 29% of total energy consumption respectively Pakistan Energy Yearbook [2] Nevertheless the consumption of petroleum is decreasing due to the hike
·In Pakistan most of the primary energy supply comes from oil and natural gas Hydropower is the main renewable source of energy in the country but wind and solar PV s shares are slowly growing
