18-09-2012, 01:36 PM
ENERGY CRISES IN PAKISTAN
9 Energy crises in Pakistan.doc (Size: 30.5 KB / Downloads: 42)
Energy is the most important source for economic growth of a country. Unfortunately Pakistan has to face a major energy crisis in natural gas, power and oil in next three to four years. This would hinder the economy of Pakistan. The high cost of the import of oil, construction of big dams, uncertain regional security environment coupled with lack of national consensus to build dams are likely to impede quick resolution of energy crises. This energy deficit will lead to inflation. Similarly subsidies of billions of rupees have to be doped out “Wapda” to bear loses. This would affect the national exchequer heavily.
An energy crises is looming large in up coming years. There is an expected short fall up to fifty percent because of increase in demand and supply gas up to 3,000 MW. Pakistan’s total energy requirement would increase by 48% to 80 million tones of oil equivalent in 2010.
Pakistan energy sector comprises of major sources with share of 50.4% of gas, followed by oil 29%, hydro electricity 11%, and coal 7.6%. Consequently Pakistan imports energy to overcome the problem and maintain standard of living of people. The major shortfall is expected in natural gas supplies. Pakistan had 28 trillion cubic feet reserves of natural gas in 2006 but due to increase in its demand it is expected to be depleted in next two decades.
Pakistan has a huge demand to generate power through oil but we can meet only 20% of our requirement through Indigenous production and rest of oil is imported from Gulf States and other countries of world. No major oil field so for have been discovered in last three decades. Oil demand is expected to double by 2015 and quadruple by 2025. This would lead to a staggering trade deficit, and rising of general prices.
Pakistan has a total hydro potential of 40,000MW against which it generates only 6500 MW. If the dams are not built there would be short fall of 40 million acre feet of water by the year 2006 and 108 million acre feet by 2013. Consequently power shortage will be up to 11,750 mkwh per year. It will affect agricultural, industry, and particularly the storage capacity of Mangla Terbela and Chashma dams will be reduced due to mud deposits.
Pakistan has world’s seven largest reserves of coal after discovery of THAR. These reserves are still untouched due to lack of technique in coal mining. Similarly solar and wind energy in coastal areas of Balouchistan and Sind have a lot of potential to generate electricity but acquisition of technology at an enormous cost makes this a far fetched source. Pakistan has only two nuclear plants providing two percent of electricity to our country. Population explosion is another cause of energy crises.