In this rapidly advancing world power is considered the backbone of the economic sector of any country. Industries, businesses and other social phenomenas depend upon the availability of power. Unfortunately, Pakistan is reeling under a worsening energy crisis as the power shortfall has reached 7,468 MW, resulting in up to 10-18 hours of load-shedding has wrecked havoc with the crippling economic sector of the country. People are compelled to shut their businesses before routine closure. In developing countries like Pakistan where exports have touched their lowest ebb, power shortfall fall like bolt from the blue. The current LNG import imbroglio has added fuel to the fire. No, client has participated in a bid other than Qatar . Pakistan LNG Ltd (PLL) received a single bid from Qatar Energy at $39.80/mmbtu for an LNG import tender seeking cargo in the July 30-31 2022 . It will be the costliest LNG import by a cash-starved country. Flawed government policies along with line losses and power theft are the root causes behind this alarming energy crisis in Pakistan. Therefore, it is need of hour for the people sitting at the helms of the affairs of the country to devise practical and plausible strategies to avert this devastating crisis. Government should change its approach and go for other options like Russia, Central Asian republics, and Iran for energy imports. It will help the country to rise from the darkness of the backwardness.
Rabail jamal, PanoAkil Sukkur
