Pakistan sees energy shortage by 2010

April 4: Pakistan will face a major shortage of oil and gas, source of 80 per cent of its energy needs, by 2010 unless it steps up exploration activity, a senior government official said on Monday.

At a projected annual economic growth of seven per cent, Pakistan would face a shortage of about 20 million tons of oil equivalent in five years time, jumping to 100 million tons by 2025, said Ahmed Waqar, Secretary to the Ministry of Petroleum and Natural Resources.