Impact of different public E&P policies on natural gas reserves and production in Pakistan

摘要: Abstract Low wellhead domestic gas prices over the past few years have led to beginning of a shortage in natural reserves and production Pakistan. Gas demand steadily rises all sectors for being an economical fuel as compare substitutes. In view foregoing consumption trend, is expected grow with higher pace during 2010s. On contrary, indigenous are running out cannot keep up demand. This paper examines extent upstream activities different petroleum policy regimes. The price compared alternatives (for example, import prices). order put problem perspective, relationship between cumulative Pakistan analyzed we find that looming can be ameliorated short-run eliminated long-run through incentivized price. To it briefly, idea mooted first take advantage huge ensure competitive consumer gas. findings applicable several other economies under-developed resources.