Events

 

.:: INTRODUCTION ::.

Pakistan with an ideal geographic and strategic location serves as a corridor for the international supply routes of energy. Being a regional power house, the country possess opportunities of setting up the oil and gas pipelines as well as electricity grids within the region and with other neighbouring energy rich countries such as Iran, Tajikistan and Turkmenistan.

Pakistan’s energy requirements are increasing every year and to meet the rising demand of energy, the government of Pakistan is currently focused on diversification of gas supplies, reconstruction of hydropower plants, construction of underground gas storage facilities, development of oil exploration & production, tapping of renewable energy resources, attracting foreign investment and privatisation of state-owned assets.

Pakistan is responding to the energy development challenge by pursuing a wide range of domestic and imported energy projects and in the year 2010 – 2011, the Oil & Gas industry has attracted Foreign Direct Investment of over US$ 550 million.