ISLAMABAD – Prime Minister Shahid Khaqan Abbasi has said that Pakistan is on course to diversifying its energy mix to overcome energy challenges.
Addressing the Annual Technical Conference on Oil and Gas in Islamabad on Thursday evening, he said that Pakistan recorded a growth rate of 5.3 percent last year. He said that higher growth rate has increased energy needs of the country for which the government is trying to overcome this challenge.
Shahid Khaqan Abbasi said we have added domestic coal of Thar, gas, and renewable energy to our energy mix.
The prime minister said that Pakistan is looking at double digit growth in consumption of petrol and diesel.
He said Pakistan is importing LNG and by December this year, the figure of LNG import will rise to nine million tons per year, which is likely to surge to 20 million tons per year in next three years.
Shahid Khaqan Abbasi said Pakistan is a growing energy market and exploration and production companies can take advantage of this opportunity.
He said the security situation in the country has also improved and exploration and production companies can exploit this environment by contributing in exploration and production efforts.
