Bilal's Blog

Pakistan is one of the very few blessed countries in the world. We should take pride GOD has blessed with all fruits, vegetables, crops and minerals a country need to prosper at all cylinders. Pakistan has got all of them. But unfortunately Pakistan never prosper in last few decades as it should have been. We reeling with energy shortages which are badly impacting our manufacturing, exports etc putting extra ordinary pressure on Pakistan’s economy. Pakistan seeking money support its import of oil and gas just to keep our industrial wheel keep on moving. Can anyone guess a country with 9 billion barrels reserves of oil and 105 trillion cubic feet gas reserves facing this situation? Anyone can be dumb founded with this stats how can a country with such energy reserves is begging for support and not able to produce the goods at a lower cost to be one of the top competitive exporters in the world. Looking for outside world to buy energy sources to keep the country moving, wh...

It is been decades Pakistan’s energy crisis is increasing with each passing day. Every government claims its efforts on energy front but nothing concrete has been done. Even in 1950 a student of NED university student Malik Aftab Ahmed Khan came with an idea and his article was published in Military College of Engineering “Persian Pipeline” he was awarded Sitara-e-Jurat. The project was conceptualized in 1989 and later in 2012 the annual conference of the International Association of Energy Economics backed the proposal. The Iran – Pakistan governments signed preliminary agreement in 1995. In 2014 the then Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi informed the National Assembly that project is off the table citing the International Sanctions as the reason. The previous government after putting Iran Pakistan gas pipeline off table went for LNG import the LNG is costing more than $ 10.80 against $ 4.93 per British Thermal Unit cost of Iran Pakista...

It is really heartening to see Pakistan got the huge deal signed with Russia, which open opportunities for Pakistan. It will not only impact the industrial growth, but will provide the support to level the electricity production, gas to houses. This will reduce the import bill of petroleum, till the oil city dream of government becomes reality. However the completion of both project oil city in Baluchistan and Pakistan Russia pipeline will be almost more or less same. The agreement with Russia is signed where oil city project inking will be decided during Saudi Arabian delegation arrival in October 2018. But the current situation will remain the same till these things mature. Here one should not ignore that the current Government has either good or bad credibility history at this point of time. There is no doubt of cricketer Imran Khan but the Government is not all about one person. The credibility of the Government will be of all ministers, bureaucrats, advisers not only Imr...