By Admin 
Pakistan LPG Crisis: Amid tensions between America, Israel and Iran, the LPG (Liquefied Petroleum Gas) crisis is deepening in Pakistan. According to recent media reports, the breakdown of the supply chain amidst the war in the Middle East has had such an impact that now Pakistan has only 9-10 days of LPG stock left.
Pakistan has existing energy storage
- LPG- only 9-10 days
- Crude Oil – about 11 days stock
- Petrol – 27 days stock
- Diesel- 21 days stock
Major reasons for the crisis
- Pakistan fulfills about 70 percent of its petroleum needs through imports from the Middle East. Meanwhile, the supply of LNG from Qatar to Pakistan has been disrupted. Due to this, the crisis of electricity and domestic gas may deepen in Pakistan in the next 10 days.
- Gas supply has already been reduced in industrial cities like Lahore and Karachi. Due to this, work in textile and other factories is disrupted.
- A large part of the electricity in Pakistan is generated from power plants running on LNG. Due to shortage of gas, there may be power failure for 10-12 hours.
- To meet its domestic needs, Pakistan has to purchase gas from the spot market at higher prices. This is affecting its foreign exchange reserves.
Big challenge before Pakistan
The coming 10-15 days can be very challenging for Pakistan. Here, Shehbaz Sharif’s government may have to take many big steps to deal with the ‘energy emergency’. These can include things ranging from severe power cuts to limited supply of gas.
According to media reports, after the start of the war in Iran, Pakistan LNG tried to get other cargo through suppliers in Europe, Oman, America, Azerbaijan and Africa, but it was told that all the offers were very expensive.
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