Table of Contents

Potential Priorities of New Energy Minister

Islamabad: A new energy minister has been appointed. He is young and seems lively, therefore there are many reasons to have high expectations for him.

Read More: Women’s Day 2023 in Pakistan

The essential agility is seriously lacking in the energy supply chain. A few instances include the failure to maintain a consistent exploration and production (E&P) programme, the progressive flight of multinational corporations (MNCs) involved in E&P, and the subsequent compulsive expenditure of 35% of the yearly budget on fuel imports.

Additionally, despite the fact that state-owned companies (SOEs) in particular continue to see a reduction in oil and gas production as a result of their mounting debt, no MNCs were able to participate in the last two rounds of exploration block bidding.

It’s interesting to note that while our oil consumption increased six-fold from 0.1 million barrels per day (bpd) in 1980 to 0.57 million bpd till 2016, production reached a peak in 2014 at 94,000 bpd and is currently at 76,000 bpd.

Read More: Pakistan Must Prioritize Population Growth Reduction

The period following the 1973 oil embargo gave rise to a wide range of substitutes. There are many choices available in the oil and gas industry, such as securing reserves through international investments. For instance, ONGC India has assets in 17 different countries, and Inpex’s venture in Australia is presently providing 10% of Japan’s LNG needs.

The increase in effort necessitates a high level of professional capacity. Due to the leaving of MNCs among other things, the majority of that has already been consumed.

For more information, please get in touch with Al Sadat Marketing.

You can also invest in other famous and most in demand housing societies, such as , Blue World CityRudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom ValleyNew Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart CitySilver City Islamabad, The Life ResidenciaFaisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *