Pakistan
At a Glance:

CIA
Map |
Despite a long history of explorationthe
first well in what is modern Pakistan was drilled in 1857, the first
commercial discovery was made in 1914Pakistan remains a modest
producer of oil and gas and currently imports 80 percent of its crude
oil requirements. The country is self-sufficient in natural gas, although
this is likely to change demand increases. Oil and natural gas each
account for about 40 percent of Pakistan's commercial energy supplies
but currently form only a small part of the country's economy. The
state-owned Oil and Gas Development Corporation (OGDC) remains the
most important player in the Pakistani oil industry. Pakistan Petroleum
Ltd. (PPL), established in 1950, produces the majority of the natural
gas.
Foreign companies currently operating in Pakistan include: Union Texas
Pakistan (produces around 30 percent of oil and 10 percent of natural
gas); British Gas; Lasmo; OMV; Gaz de France; Shell; Unocal.
Pakistan is starved for cash. Pipelines leading from the oil and gas
deposits in Turkmenistan and Kazakhstan, across Afghanistan, to Pakistan,
and, eventually, to the enormous Indian market could provide Pakistan
with a much-needed injection of cash in transport fees.
Population: 144,616,639 (July
2001 est.)
Total Energy Output: 30.967 million
tons of coal equivalent
Percent Exported: 1.3
Total Energy Consumption: 50.659
million tons of coal equivalent
Percent Imported: 42.6
Consumption per Head: 362 kg coal
equivalent
Annual Petroleum Imports: US$1.3
billion
Gross Domestic Product: US$61.5
billion
Sources: U.S. Dept. of Energy;
CIA World Factbook; Center for Strategic Studies; Economist Intelligence
Unit; East-West Institute; Brookings Institution;Renmin Ribao (Communist
Party daily), Beijing.
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