Saturday, March 28, 2009

Electricity crisis in Pakistan

As summer are near the short fall of electricity increases. In the present age, without sufficient energy the wheel can’t run on roads, industry and agriculture can't sustain, hospitals and operation theaters can't function, schools and laboratories can’t work and public and private sector businesses can't operate.
In this summer country is facing a short fall of 2500 mega watts (MW). The energy demand is growing by the next summer the electricity demand likely to cross 4000 megawatts (MW). In a careful estimate, it is feared that by 2010 the short fall could reach up to 8000 megawatts (MW).
The industrial sector accounting for nearly 32 percent of the total national primary energy consumption can play a critical role in this regard. There are three main things that can be recommended to industrialists; Firstly, they should reduce energy consumption through applying energy conservation and management measures. Energy conservation is a process of decreasing the quantity of energy used while achieving a similar level of output primarily for financial gains.

Iran-Pakistan-India gas pipeline project

As we all know that in Pakistan the demand of the natural gas exceeds the supply, because of the low natural gas reserves and rapid increase in consumption. Pakistan signed a preliminary agreement for construction of a natural gas pipeline linking Iranian natural gas field with Karachi and then further onto India. Since 1993 Pakistan, Iran and India are planning for the gas pipeline project.
The price of gas to be imported from Iran to Pakistan has been proposed at 80 per cent of the crude oil price. Earlier Pakistan offered 78.2 per cent of crude oil price, but the Iranian authorities refused to accept the offer of 78.8 per cent of the crude oil gas price.
In the meeting Adviser to Prime Minister Shukat Tarin objected that the proposed price is too high and Pakistan is unable to manage huge amount of dollars to pay Iran for the gas. He asked the Petroleum Ministry, after introducing certain modifications in the proposed deal, to move the federal cabinet for ratification. Iran Pakistan gas pipeline deal is an international agreement and cabinet is the right forum for approval such agreement, Tarin said.

Wednesday, March 25, 2009