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This forum discusses the ongoing reforms in Pakistan's oil and gas sector, including strategies to mitigate the shortfall, exploration for new resources, and policy changes. It also highlights developments in the coal sector and its potential for power generation. Join us to learn about the latest advancements in the energy mix and how they address the country's energy needs.
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Pakistan Development Forum • Islamabad: November 15, 2010 Oil and Gas Sector ReformsSyed Naveed QamarMinister for Petroleum & Natural ResourcesGovernment of Pakistan
Energy Mix 63 Million TOE Oil 32% LPG 1% Nuclear 1% Gas 48% Hydro 11% Coal 7% Oil Import Bill: $10 billion
Gas Shortfall Mitigation Anticipated Constrained Demand TAPI (2015): 1.35 Bcfd IP (2014): 0.75 Bcfd Private LNG (2012): 1.0 Bcfd Conventional New Discoveries SSGC LNG (2012): 0.75 Bcfd Existing Gas Fields
Gas Import Pipeline Projects • TAPI HIGHLIGHTS • Gas Source in Turkmenistan South Yolotan / Osman • Length: Turkmen to Indian Border 1,680 km • Total Gas Volume 3.20 bcfd • Gas Volume for Pakistan 1.35 bcfd • First Gas Flow 2015 • IP HIGHLIGHTS • Pakistan Pipeline Segment 785 km • Gas Volume 0.75 bcfd • First Gas Flow 2014
Exploration for New Resources • 39 exploration licenses granted in 2009-10 • New bidding round to be done jointly with Provincial Governments • Policies for non-conventional gas resources: • Tight Gas (est. 4 tcf) • Shale Gas (est. 10 tcf) • Low Btu Gas (est. 4 tcf) • Stranded Gas through virtual pipeline (est. 0.5 tcf)
Gas Sector Reforms • No government subsidies on natural gas • LPG being introduced as formal auto fuel • LPG-Air mix being used as town gas as an alternate to natural gas in towns and villages • Syngas to be used as natural gas substitute • Gas line losses to be controlled through capital investment in transmission and distribution systems
Oil Sector Reforms • Governmental and cross-subsidies on oil products removed • Pricing, import and movement of oil products deregulated • Barriers to new oil marketing companies minimized • New incentives for establishing oil storages • Product storage increased to 53 days cover • Ethanol (E10) introduced as motor fuel
Coal Sector Reforms • Coal is a Provincial subject • Huge deposits of lignite coal discovered in Sindh at Thar • Several private companies interested in coal mining and power generation • Coal bed methane potential estimated as 2 tcf • Pilot project for coal gasification in hand