Qatar Shipment Shift Allows Pakistan to Restart Local Gas Wells
Pakistan will reopen closed gas wells from January 2026 after a Qatar shipment shift reduced excess imported fuel. The decision marks a change in energy planning as demand patterns continue to evolve. As a result, domestic gas will re-enter the system after months of restrictions.
Officials said falling power sector demand created an oversupply situation. Therefore, authorities earlier shut local wells to protect pipeline pressure. Now, the revised supply plan offers space for domestic production again.
Gas Wells Closure Explained
Earlier, imported fuel exceeded system needs due to lower electricity usage. Power plants turned to solar and hydropower instead. As a result, surplus volumes built up across the network.
To manage this pressure, officials halted production from fields producing 200 MMCFD. The move prevented damage to pipelines and avoided safety risks. However, it also reduced local supply during peak months.
Government sources confirmed that 35 overseas deliveries will not arrive in 2026. This change includes cancellations by state buyers and international partners. In addition, the move will save nearly Rs20.1 billion.
Financial Relief and Future Planning
The revised import plan will support gas utilities facing heavy financial stress. Officials estimate liabilities at nearly Rs850 billion. Therefore, the adjustment offers temporary breathing room.
The gas sector’s circular debt has crossed Rs3.1 trillion. This figure includes both principal amounts and accumulated interest. Authorities now aim to stabilize the system long term.
A six-year recovery plan is ready for cabinet review. It proposes several options, including a small petroleum levy. In addition, officials suggest debt restructuring and interest relief.
Lower industrial demand has also shaped recent policy shifts. Many factories now generate their own power. As a result, authorities plan to balance imports with realistic consumption levels.
