{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Energy Markets Daily","title":"Geographic Feature: Country of Pakistan","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/402848f3\"></iframe>","width":"100%","height":180,"duration":327,"description":"Friday, October 16, 2026. PAKISTAN ENERGY MARKETS. Net energy importer modest domestic crude oil/natural gas supplemented significant LNG imports. Faces acute short-term LNG supply disruptions Qatar force majeure, elevated import costs winter 2026-27. Reserves concentrated Sindh, Khyber Pakhtunkhwa (KP). CRUDE OIL PRODUCTION: August 2026: 68,600 bpd +10% YoY, -5% MoM. Provincial: KP 49% (33,614 bpd), Sindh 35% (24,010), Punjab 15% (10,290), Balochistan 1% (686). Reserves June 2026: 276M barrels (+15% YoY from 240M). New discoveries Baragzai, Spinwam. Reserve life ~19 years. FY2025-26: 23.85M barrels (95% target 25.18M). OGDCL (55% production): FY2025-26: 36,013 bpd. FY2030-31 target: 60,384 bpd (+68%). NATURAL GAS PRODUCTION: August 2026: 3,008 mmcfd +8% YoY, +1% MoM. Provincial: Sindh 62% (1,865 mmcfd), Balochistan 20% (602), KP 15% (452), Punjab 3% (90). Reserves June 2026: 20,664 Bcf (+9-10% YoY from 18,981). Mari Ghazij, Spinwam additions. Reserve life ~19 years. FY2025-26: 1.07 Tcf (below 1.16 Tcf target, mature field depletion). OGDCL gas: FY2025-26: 797 MMscfd sales. FY2030-31 target: 1,167 MMscfd (+46%). LPG PRODUCTION: August 2026: 2,238 tonnes/day (+20% YoY, +7% MoM). FY2025-26: 0.767M tonnes (exceeded target). EXPLORATION: September 2026 +352% MoM exploratory drilling to 7,270 metres. Offshore bid round first 18 years, drilling plans 2026. LNG IMPORTS/WINTER CRISIS: October 2026: First cargo Oct 13-14 (Al Areesh, Engro terminal, 150 mmcfd regasification). Two cargoes October only. Both terminals mostly idle (Engro Sept 26-Oct 13, PGPL Oct 9 onward, low inventory). Qatar force majeure March 2026 (Ras Laffan), extended to ~Nov 6. Pakistan previously ~99% Qatar sourced. Winter 2026-27 demand surge: SNGPL 550→1,550 mmcfd peak. SSGC 300→500 mmcfd. Targets 22-26 cargoes total (vs 36 prior winter). 12 long-term (mostly Qatar, possibly Eni). 10+ spot market ~$26.30/MMBtu (double term rates). Winter import cost exceeds $1B. Spot cargo estimated cost ~$863M (~10...","thumbnail_url":"https://img.transistorcdn.com/U36G3q8LRcUNVnqsKxxoyD29VrpCUp_hS1pTIecj8QA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kNzMw/ZTFlZDQ2NTZmYTAw/YzVkZDJiYzQyNTQw/ODQ5MS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}