New Energy research report from Business Monitor International is now available from Fast Market Research
[ClickPress, Tue May 24 2016] Greater availability of gas supplies via LNG imports and expanding pipeline gas trades with regional suppliers will allow Pakistan's gas imports to grow steadily over the coming years. The country will remain a substantial net importer of crude oil and refined fuels, as domestic production prove increasingly insufficient to offset rising demand.Latest Updates And Key ForecastsIn April 2016, the government removed the moratorium on new gas connections in high-rise buildings, as the beginning of LNG imports increase the availability of natural gas supplies in the domestic market. This supports our positive outlook on long-term gas demand growth in Pakistan.In April 2016, the Ministry of Petroleum submitted a proposal to reduce taxes imposed on oil and gas exploration and production firms from 40.0% to 30.0% in the upcoming budget (2016-2017). If approved, it will help to retain existing international players and attract new ones into the Pakistani upstream sector.Rostec's plan to build a USD2.5bn gas pipeline in Pakistan from Lahore to Karachi will improve domestic pipeline connectivity, which supports our forecasts for domestic gas demand to grow steadily over the next 10 years.Completion of the Baluchistan Oil Refinery has taken Pakistan's refining capacity to 402,000b/d as of end-2015, though severe underutilisation of existing capacity will render the country dependent on refined fuels imports through to the end of our forecast period in 2025.
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The Pakistan Oil & Gas Report has been researched at source and features BMI Research's independent forecasts for Pakistan including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.
BMI's Pakistan Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Pakistani oil and gas industry.
Benchmark BMI's independent oil and gas industry forecasts for Pakistan to test consensus views - a key input for successful budgeting and strategic business planning in the Pakistani oil and gas market.
Target business opportunities and risks in the Pakistani oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Pakistan.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.
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