Pakistan's downstream oil sector preparing for deregulation

Pakistan is moving towards significant energy market changes as its downstream oil sector enters a new world of price deregulation. And the country's oil refiners and marketers are being utilized to help bring efficiency to the process.Economic growth in Pakistan has been turbulent at times, but there has been a consistent increase in the consumption of petroleum products. On the whole, consumption grew at an average of more than 9%/year in the 1980s and almost 6%/year through the 1990s.Energy demand Click here to enlarge imageMost of Pakistan's energy comes from oil and gas (Fig. 1), and its use has grown at an average of 4.6%/year and 5.2%/year, respectively, over the last 5 ...

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