Pakistan is set to face another spell of severe shortage of natural gas in next few weeks. The impending scarcity of natural gas, which is the most used fuel in the country, will not only be critical for the national economy, but would also affect the lives of the ordinary citizens in a big way. Gas shortages are worst in winter, when the need for heating is greatest.
The shortage, as per conservative estimates, could increase from last year’s 1.44 bcfd to about 2.0 by this year.
It is important to note that unlike the oil crisis of June 2020, the natural gas shortage has been growing for years now. It is because we have been consuming more natural gas than we could have used. It has been the preferred fuel because of its low cost, and clean-burning quality. Read More…