Pakistan is attempting to diversify its energy sources for coping with the energy crisis . Pakistan is working to find a new energy alliance to ensure a continuous electricity supply to households and industries .
Islamabad (Pakistan), December 10: According to Geo-Politik, Pakistan is working to find a new energy alliance to ensure a continuous electricity supply to households and industries.Pakistan is attempting to diversify its energy sources for coping with the energy crisis.According to the Geo-Politik survey, a delegation of Pakistani ministers, including the Minister of State (Petroleum Division), Musadik Masood Malik, travelled to Kazakhstan from November 8-11.During the trip, Pakistani ministers met with Kazakh Minister of Energy Akchulakov Bilat Uralovich.
TAPI can only be implemented if India is included in the initiative.According to the study, Kazakhstan has yet to commit to cooperating with Pakistan's plans.Kazakhstan said that in rejecting Pakistan's proposal, they do not have enough gas to be eligible to participate in the TAPI program.In addition, the Kazakh side said that work on its own domestic pipeline schemes is ongoing and that it will not be able to provide funding for the Pakistan gas network, as per the Geo-Politik study. Kazakhstan hasn't agreed to Pakistan's plan and has stated that it does not have enough gas to supply it.Pakistan has also been dealing with an energy crisis, a high rate of inflation, and a depletion of remittances.Pakistan's exports have dropped from USD 3 billion to USD 2.2 billion.According to Geo-Politik, the Russia-Ukraine conflict has further harmed the energy market, thanks to political and economic forces. Pakistan has been exporting LNG at an average cost of USD 12 per Metric Million British Thermal Units (MMBtu).According to the story, Pakistan has 5 percent hares in TAPI and the price will be around USD 6-7 per MMBtu if it starts importing gas from the TAPI pipeline.The Trans-Afghanistan Pipeline is being developed by the TAPI Pipeline Company Limited in collaboration with Asian Development Banks.On a route 1,800 kilometers from Galkynysh, the TAPI pipeline is expected to transport 33 billion cubic meters (bcm) of natural gas each year.Pakistan's native gas resources are depleting quickly, and Islamabad needs two pipelines to meet its gas requirements, according to the Geo-Politik survey. Among the members of the Commonwealth of Independent States (CIS), Kazakhstan has the second-largest liquid hydrocarbon fields after Russia.