Gas Shortage - Severe Energy Crises inside Pakistan 2022

 

Gas Shortage - Severe Energy Crises inside Pakistan 2022

Irrespective of the fact that Pakistan has some of the best natural resources. The region is ranked at 29th number across the world for its rich resources of natural gas found mostly in Sui Baluchistan.

A mind Bowling 19 trillion cubic feet (Tcf) of natural gas is found inside Pakistan.  Still, a country with such natural resources lacks the ability to fulfill the residential and commercial energy demands. Is there mismanagement, lack of resources and technology, or do we need to review policies related to all the state departments?

Picture 1: Energy Crises

Major Cities of Pakistan Facing gas Shortage in 2022

Gas Load shedding inside the major cities of Pakistan, 2022 rings the bell for the related authorities and several other responsible authorities. No proper planning for fulfilling the energy demands led to the gas shortage for all the industrial, commercial, and residential sectors.  Pakistan's compromise of extreme temperature and more dry seasons in winter cause the consumers to utilize a high volume of natural gas.

The average demand is 6700 mmcd to 7000 which reached 8000 mmcd in the winter season due to the high rise in demand. The authorities have denied a full potential supply to the residential sector inside Pakistan as the more "dedicated Supply" towards fertilizers and another sector is under consideration. As the total capacity for this season stands at 4300 mmcd in total pressuring several sectors of the country. While the harsh temperature is tempting many families to go for other available resources.

A Solution for winter Season inside Pakistan 2022

There are some of the biggest rallies held by political parties and the public against the gas load shedding but still, there have not been any fruitful results obtained.  While investors are knee on having more channels and other refineries deployed on the natural resources hotspots. There is a need to have a proper plan for the next season, both the generating and consumption capacity of the region should be well analyzed.

Picture 2: Winter Season inside Pakistan

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Picture 3: High Tariffs on Trade across Pakistan

Real estate is a very sensitive and one of the most growing industries inside Pakistan. The growing Population has called for immediate remediation across the country to facilitate mega-projects that would lead to the accommodation of large populations. The real estate industry has received a great boost with the emergence of CPEC (China Pakistan Economic Corridor) playing the pivotal element. Foreign investment in Gwadar and Smart Cities built across the major cities has gathered more businesses for both the private and government sectors.

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