Strait of Hormuz Crisis: Can Reliance on Local Gas Ends Circular Debt?

Strait of Hormuz Crisis: Can Reliance on Local Gas Ends Circular Debt? It saves $450 every month without creating shortage. Tensions around the Strait of Hormuz have disrupted LNG shipping, raising concerns about energy supply and prices in Pakistan. Ghayas Paracha, CEO, UGDC explains how LNG disruptions can bring $450 million advantage to Pakistan’s gas market and consumers, through price difference between local and imported gas. Domestic gas costs around $2.8–$2.9, while imported LNG delivered through Oil and Gas Regulatory Authority reaches about $13.2, with CNG prices going up to $16 and industry around $14. Using more local gas, he argues, could reduce Pakistan’s import bill by nearly 40% and help control circular debt. Click the link to watch his exclusive talks with Tahir Dhindsa, only on SDTV... #StraitOfHormuz #EnergyCrisis #PakistanEnergy #LNG #GasPrices #CircularDebt #EnergySecurity #LocalGas #PakistanEconomy #OGRA #CNGPrices #EnergyPolicy #SDTV #PolicyDialogue #آبنائے_ہرمز #توانائی_بحران #پاکستان_انرجی #ایل_این_جی #گیس_کی_قیمتیں #گردشی_قرضہ #توانائی_پالیسی #مقامی_گیس #پاکستانی_معیشت #اوگرا #سی_این_جی #ایس_ڈی_ٹی_وی