Master of Business Administration
Faculty / School
Faculty of Business Administration (FBA)
Dr. Muhammad Nishat
Committee Member 1
Dr. Muhammad Nishat, Professor, Department of Economics & Finance, Institute of Business Administration (IBA), Karachi
MBA Research Project
Abstract / Summary
This report is divided into two phases. Phase one deal with understanding the current energy mix of Pakistan and in phase two we did a primary research by conducting in depth interviews with industry experts to identify the future energy mix of the country.
Through our secondary research we identified that up until recently (like till 2013-2014) natural gas accounted for 47% of the energy mix followed by oil with 33% share in the energy mix. However, in 2017-2018 the share of natural gas reduced to 35% and oil reduced to 31% this decline was in turn filled by LNG (9% in 2017-2018) and coal (from 6% in 2013-2014 to 13% in 2017-2018).
Moreover, through our primary research we also found out that furnace oil (FO) based power plants are being phased out and the recent and upcoming investments are being done in LNG, Coal and hydel. So, in order to probe further we conducted in-depth interviews with industry professionals to get in sights. We have attached the details of our respondents in this report.
After doing the thematic analysis of all interviews we concluded that: Power generation could’ve been slowly moved to hydel power because of its vast potential but instead oil was substituted with natural gas, which is now depleting.
In near future, the trend is shifting towards the use of local coal to generate electricity and for industrial use but it requires carbon capturing technologies for making it environmental friendly. The share of LNG and coal is predicted to rise in the upcoming decade, simultaneously; the share of hydro, solar and wind will most likely to increase in the next 25 years by adding power to the national grid in small amounts.
Fatima, A., Siddiq, F. M., Hussain, M., Javed, R., & Saeed, S. (2019). An outlook of Pakistan’s energy mix in the future (Unpublished graduate research project). Institute of Business Administration, Pakistan. Retrieved from https://ir.iba.edu.pk/research-projects-mba/233
Available for download on Wednesday, December 02, 2026
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