Decline in Gas Production
Gas production in Pakistan has declined by 6% while gas consumption has increased by 5% during FY 2020-21.
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In Pakistan, the production of indigenous gas has declined by over 6% to 2,006 MMCFD in 2020-21 from 2,138 MMCFD during 2019-20, whereas, its consumption has increased by over 5%, reaching 3,884 MMCFD from 3,683 MMCFD during the same time period, according to OGRA’s State of the Regulated Petroleum Industry report 2020-21.
The report also revealed that the consumption of natural gas in the transport sector has declined by around 67% during the past decade which has resulted in the closure of more than 700 CNG stations across Pakistan
The widening gap between supply and demand may also push the government to encourage consumers to switch to electricity where possible to save gas for industry and heating needs.
GRAPHIC OF THE DAY
Province-wise gas consumption shows that Punjab’s share is 52% (1,426 MMCFD), Sindh 39% (1,052 MMCFD), KP 7% (190 MMCFD) and Balochistan 2% (64 MMCFD) of total gas consumption during FY 2020-21
Sindh’s share in total gas supply has declined by 11% from 1,344 MMCFD in FY 2019-20 to 1,192 MMCFD in FY 2020-21, Punjab’s share declined by 9% from 91 MMCFD to 83 MMCFD and Balochistan by 1% from 335 MMCFD to 333 MMCFD. The 'share of KP' has increased by 8% from 368 MMCFD to 398 MMCFD
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