Degree

Master of Business Administration Executive

Faculty / School

School of Business Studies (SBS)

Year of Award

2023

Advisor/Supervisor

Dr. Shahid R. Mir, Assistant Professor, Department of Management

Project Type

MBA Executive Research Project

Access Type

Open Access

Executive Summary

The study explores the prospects of the unconventional gas plays with a focus on Southern Pakistan region to present a rational context for enhancing the local supply of gas in the country. This will contribute to the national objective of achieving economic security in the energy sector through development of local industry. The country is gifted with over 100 TCF of unconventional reserves in the Lower Indus Basin. The development of these resources will provide gas to local supply and will reduce the dependency on imported LNG. However, the development of such resources has been facing strategic myopia, along with regulatory intricacies, marginal economy, and technological obstacles. Furthermore, this study gives attention to the need to cultivate local expertise in unconventional resource development, import technologies aided by the government, and form an appropriate environment for commercial operation, investment, research and development. In addition to this, the report examines the factors that contributed to the US Shale journey's success and concludes that by following the similar footprints and best practices, the country can harness the potential of these resources. These lessons are explained in terms of ongoing technological improvement, economy of scale, and active government and regulatory support. The study emphasizes that, given the complex requirements of developing unconventional resources and their need of significant investment with lengthy return on investment (ROI), these types of projects can be made economically viable by strategic cooperation among the key stakeholders including the industry and regulator, a strong service industry and efficiency in operating cost. To pave the way for energy security and independence, the report offers insights and practical suggestions that E&P operators, investors, policymakers, and industry stakeholders should implement in order to focus on the development of unconventional resources.

Pages

viii, 58

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