Pakistan with its ideal location is recognized as the regional gateway for energy. The energy sector continues to dominate the overall structural character of Pakistan’s economy. Pakistan’s energy demand is expected to rise at a Compound Annual Growth Rate (CAGR) of six percent during the financial year 2011 to 2015. The Government has declared the Power Sector as one of the top priorities for investment and is taking all necessary measures to build a more conducive environment by simplifying procedures to facilitate potential investors. These policies have resulted in US$ 605 million of foreign direct investment in the Oil & Gas sector for the year 2009-10.
Oil & Gas Sector
Pakistan’s burgeoning demand for oil and gas has stimulated the need for large-scale exploration and expansion projects and investments to help boost oil and gas production. Pakistan mainly depends on Oil & Gas for its energy generation. These two components of energy contribute 77.40% to the energy requirement of Pakistan. Pakistan has estimated oil reserves of 303.63 million barrels while its current production is 65,531 barrels per day. The gas reserves of Pakistan are estimated to be 28.32 TCF while its current production is 4 billion cubic feet per day.
Currently, seven refineries are operating in the country, having the capacity to refine 248,506 bpd. Three more oil refining companies would be established with their total capacity of refining crude of 465,000 barrels per day (bpd) to enhance the existing quantity produced by seven companies. After the establishment of these companies the country’s refining capacity would reach up to 713,506 bpd.
Gas is the major source of energy in Pakistan. Pakistan has a well developed gas transmission infrastructure. The gas distribution companies plan to invest US$ 285 million over the next five years in gas sector.
Pakistan has also signed a US$ 7.6 billion gas pipeline project which would be providing 750 million cubic feet of gas to Pakistan daily from Iran by mid-2015.
The shift to CNG has proved immensely popular which is clearly evidenced by the fact that the number of CNG vehicles has reached two million, giving Pakistan the distinction of having the highest number of natural gas vehicles in the world. In the previous year, a total investment of US$ 833 million has been made in the CNG sector.
In order to promote LPG as a potential energy fuel, the Government of Pakistan deregulated the sector in 2000 to attract investment and give the LPG market a much needed boost. As a result, an investment of US$ 200 million has been made to develop LPG infrastructure
PAKISTAN’S PREMIER ENERGY EXHIBITION
With specific focus on unexplored energy potential in Pakistan and future prospects for regional development, EGO will unite the leading global energy companies and energy capital under one roof, creating an unrivalled marketplace to establish strategic alliances.
EGO- Energy, Oil, Gas & Power Exhibition Pakistan, is going to be the benchmark event in the energy sector, which would bring the energy resources and decision makers on one platform and would help Pakistan rescue from its prolonged energy crisis. Apart from the conventional sources of energy generation like oil & gas, the exhibition would capitalize on the non-conventional renewable energy sources that are abundantly available in Pakistan like wind, solar, biomass, and coal. The exhibition would showcase latest technologies in oil & gas exploration, energy conservation and alternative energy and is expected to bring huge foreign investment in energy sector of Pakistan.
This comprehensive event is expected to attract energy experts from all over the world to discuss the innovation, technology, and investments required to unleash the potential of Pakistan energy industry.
Face-to-face meetings are the best way to do business, build meaningful relationships, demonstrate products or services, or interact with people who make the strategic decisions. EGO Pakistan 2012 will provide you with an ideal opportunity to meet the people who really matter to you and your business.
EGO has a differential edge because of its location. It is going to be held at Expo Center Lahore, the central industrial hub of Punjab. Energy consumption is high in Punjab. Punjab solely accounts for more than 50% energy consumption, hence, requires more energy generation.
Expo Center Lahore is close to the country’s capital, where all the strategic decisions are made. Most of the government regulatory authorities and companies have their headquarters in Islamabad. EGO Pakistan 2012, due to its strategic location is most likely to be visited by these decision makers.
Punjab has a very fine network of roads and motorways. Since most of the industrial units are located in Punjab, Expo Center Lahore is easily accessible from different cities and is logistically safe and convenient. Heavy and sensitive machines can easily be brought there.
The exhibition would provide boundless opportunities to strengthen your presence in the region’s energy sector and give your business a new dimension.
Products and Services Focus:
Oil & Gas sector.
Exploration & Production
Paints, Pipe Drilling & Fitting & Laying
Explorers, Developers & Producers
Subsea Production Systems & Equipment
Gas and Steam Generators & Auxiliaries
Valves, Well Head & Fittings
Transportation & Forwarding
Solar Power Engineering
Solar Cells and Other Technologies
Solar Electric Power Systems
Solar water heating/cooling systems and solar pumps
Wind Power Engineering.
Wind turbine's manufacturers
wind transformer's manufacturer
Buyers and sellers of old WEGs
Hydraulic and mechanical items manufacturers and suppliers
Liquid Bio-fuel and Solid Bio-fuel Technology
Bio-diesel dispensing and mixing equipment manufacturers
Hydro turbine manufacturers
Automation measuring and control systems
Transformers and electrical substations
Financial institutions and investors
Utility planners and organizations
Equipment suppliers and service providers
Software solutions and providers of irradiation data
Pumps, Pumping & Compressors
Consultants and certification agencies
Manufacturers of high temperature gauges
Manufacturers & suppliers of geothermal heat and ring compressors pumps
Drilling engineering consultants
Energy Efficiency / Conservation.
Energy efficient equipments for power generation, transmission, and distribution
Manufacturers of LED and charge controllers
High-voltage equipment of distribution and control
Automation control system
Geothermal Power Engineering.