Pakistan Burns Rs. 3.5 Trillion a Year on Imported Energy, Experts Say It’s Fixable
Pakistan is spending an estimated Rs. 3.5 trillion every year on energy imports that could potentially be avoided through better … Read More The post Pakistan Burns Rs. 3.5 Trillion a Year on Imported Energy, Experts Say It’s Fixable appeared first on ProPakistani .
Pakistan's energy sector incurs an estimated annual expenditure of Rs. 3.5 trillion on importing energy resources, a figure that could potentially be reduced through improved planning, enhanced energy efficiency, and increased local manufacturing, according to research presented at an energy security conference organized by the Lahore University of Management Sciences (LEI).
The study revealed that Pakistan continues to import billions of dollars' worth of liquefied natural gas (LNG) annually to support winter heating while a significant portion of its electricity generation capacity remains underutilized. Key factors contributing to these high import costs include poor planning, delayed implementation of building codes, and the underutilization of domestic manufacturing capabilities.
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