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Managing energy imports to save forex reserves

Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign exchange reserves. As of April 2023, Pakistan’s total net reserves were US$…

About China risks, sources say

Japan’s financial regulator has sounded out top domestic banks about China risks and whether they have plans in place if Sino-Western tensions escalate, according to multiple sources with direct knowledge…

SSGC: Recovery and transformation

Sui Southern Gas Co. Ltd. (SSGC) serves the gas transmission and distribution to Sindh and Balochistan. SSGC caters for 3 million customers, including 4,500 industries. In the absence of new…

Resolving the debt question

With considerable delay and visible reluctance (“unwillingly” in the words of the prime minister), Pakistan has taken most of the steps that could bring it closer to successfully completing a…

Energy sector reforms — I

My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political context, international spot-market under which Pakistan functioned over the last 4 years and the much…

Gas shortages: Tough winters ahead

Winters are coming. And a massive gas crisis is in the making. The demand for domestic sector is growing unabated due to low prices while the supply (both indigenous gas…

Nepra’s SOI report 2022: a comment — II

There is a counter point of view as well. As per info available to this writer, significant progress and renovation has been done with regard to SCADA (Supervisory Control and…

Selling the family silver?

Whenever there is any news regarding privatization, suddenly there is always someone who starts a comparison of State Owned Entities (SOE) with the family silver. A previous asset that if…