Energy Crisis in Pakistan: A myth or Reality!!
Pakistan is one of the 6th most populous, geographically and strategically important countries located in South Asia. A generic statement that Pakistan is suffering from energy crises has been used since last four decades. Pakistan produces about 81% of its electricity through oil and gas, which costs us about 9.4 billion dollars.
In other words, these costs make 53 per cent of our total exports and are a significant cost burden on the products which we purchase from other countries. Reliance heavily on single source of energy which is currently fossil fuel, or depending on imported resources, both of which are getting more expensive and have volatile international prices, we as an economy just can’t rely on it. We need to have a longer and sustainable diversified energy mix.
The webinar is focused to reveal some realistic facts to give an enlighten view point for future.