Gas sector reform: beyond pricing
Finally, pricing reform in the gas sector is in sight. The summary has been moved, and prices are likely to increase soon (before the IMF review). The gas circular debt…
Oil and gas sector: reform, restructuring
Oil and gas (O&G) sector has defied reforms and restructuring for a long time now, despite a demand by the stakeholders and recommendations of others. Even the 18th Amendment could…
How has war affected Syria’s oil and gas sector?
Syria's eight-year war has seen the Damascus regime lose control of key oil fields and caused state hydrocarbon revenues to plummet by billions of dollars. Weak production has forced President…
Evolution, challenges, and prospects of oil and gas exploration sector
Pakistan’s oil and gas exploration and production (E&P) sector has traversed a fascinating path since the first oil well was drilled during British colonial times in the late 19th century…
Power-sector realities
Let us proceed step by step in identifying the realities of the power sector that have led to the current crisis and explore remedies in the form of sustainable solutions.…
Restore macroeconomic stability to revive private sector credit
Since the 2008 economic crisis, the private sector’s contribution to economic growth has been marginal, replaced in large part public sector projects and CPEC (China Pakistan Economic Corridor). This has…
How to fix the power sector
Power purchase agreements (PPAs) with Independent Power Producers (IPPs), made under various regimes without careful consideration of the potential consequences, are the primary cause of Pakistan’s power crises. These contracts…
Major world economies seek to halt new private sector coal financing
Some of the world’s major economies want to finalise a plan ahead of this year’s UN climate summit to halt new private sector funding for coal projects, five sources with…
The LSM sector
Large scale manufacturing (LSM) registered negative 0.52 (cumulative) July-January 2024 against negative 2.67 percent in the comparable period the year before though inexplicably LSM grew positively during the pandemic years…
Persistent decline of manufacturing sector
The latest monthly data for February 2024 on the Quantum Index of Manufacturing (QIM) has been released recently by the Pakistan Bureau of Statistics. There has been a decline of…
