Pakistan Oil & Gas Conference 2007 << Pakistan - A Link to Meet South Asian Energy Needs>>

South Asian Energy Perspective
It is now internationally recognized that consistent high economic growth rate is increasing energy demand of the region -- Pakistan, China and India. Poised between the energy-rich Iran and Central Asia and the energy-deficient countries of South Asia, Pakistan is well placed to play the role of a strategic energy corridor. To meet the growing domestic and Indian demand, talks on multi-billion dollar gas pipelines from Iran and Turkmenistan have been continuing and are at an advanced stage.

Possibilities of importing crude oil through a pipeline from Central Asian countries to the newly developed Gwadar port and exporting the refined products from there are also being explored. From the regional perspective, this makes Pakistan an attractive investment place for the international investors.

Pakistan’s energy scene
Pakistan’s economy has been growing at an average of over 6.5% in the last four years. All the indicators show that this trend is sustainable. At present Pakistan meets over 70% of its energy needs from domestic resources and the gap is filled by the import of petroleum products.

The energy pie of Pakistan shows that around 50% of the need is met by the indigenous gas production and 29% by domestic and imported oil and 11% by hydro-electricity. Coal and nuclear contribution to the energy mix is at meager 7.6% and 1.2 %. At the present projected growth rate, both the demand and shortfall is expected to double in next 10 years. While the widening of energy supply and demand gap remains a challenge for Pakistan, it also provides real time opportunities for both local and international investors.

To meet the growing regional and domestic energy demand, the Government of Pakistan has planned a multi-pronged strategy which includes: import of piped natural gas from Iran and Turkmenistan, import of LNG, increase in oil & gas exploration in the country, harnessing the 175 billion tonnes Thar coal reserves,setting up new nuclear power plants and exploiting the affordable alternate energy resources.

All this makes Pakistan an important investment destination for the investors. The 3rd Pakistan Oil & Gas Conference will provide a platform to the private and public sector participants to discuss these opportunities and challenges. Come join us!

To exchange views on long-term oil and gas world scenarios and the strategic role of Pakistan
To discuss Pakistan’s role as the energy corridor of South Asia
To involve the regional players in giving their views on mid and long term energy scenarios and to find the points of synergy
To attract direct investment in oil & gas exploration and production sector
To discuss the import of gas through pipeline and LNG
To provide a forum to the existing and potential investors to interact with the decision makers in the Government of Pakistan
To provide the investors opportunity to have one-to-one meetings with the government officials
To provide opportunity to investors to gain first-hand knowledge from the private sector peers, already operating in Pakistan
To have an overview of Pakistan’s economy

Senior executives of national and international oil & gas companies
Government officials of the economic ministries
Bankers and executives of financial institutions and donor agencies
Policy makers and Regulatory agencies
Officials of the power generation and distribution companies
Services oriented companies
Executives of manufacturing industry and other businesses
Machinery and technology suppliers to the oil & gas companies