Industry Back Ground – Pakistan
Energy imports are almost one fourth of the overall imports of Pakistan and LPG is a significant part of it. Oil and Gas Regulatory Authority (OGRA) Pakistan is the regulatory body for Oil and Gas sector. The body in its report for the year 2016 -17 forecasted that due to ever increasing demand for gas, Pakistan will face an increasing deficit in gas supply. The shortfall in gas is expected to reach 3,999 MMcfd by FY 2019-20 and the gap will reach 6,611MMcfd without imported gas by FY 2029-30. LPG plays an important role in the energy mix of Pakistan as it provides a cleaner alternative to biomass and dung based sources, especially in locations where natural gas is not available. LPG import will fill the gap of demand and supply of gas in the country.