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India · PAK

Pakistan

A circular-debt grid. LNG cargoes are a FX event; rooftop solar is the private sector’s answer to load-shedding.

importer

Oil production

0.1 mb/d

0.5 mb/d demand

Net oil

-0.4 mb/d

Import gap

Gas production

28 bcm

Net -14 bcm

O&G rent

0.4%

Share of GDP

Oil balance

Production versus demand, 2025, million barrels per day.

Production0.1 mb/d
Consumption0.5 mb/d

Gas balance

Production versus demand, 2025, billion cubic metres.

Production28 bcm
Consumption42 bcm

Proven oil

1 bn bbl

Gas reserves

0.6 tcm

Refining

0.4 mb/d

LNG

8 bcm import

Hydrocarbon mix

Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).

  • Oil25%
  • Gas75%

Economy

Every summer is an energy-balance crisis. Chinese coal plants under CPEC added capacity and dollar liabilities. Household solar is growing faster than the utility can meter it.

GDP
$0.4 tn
Population
250.0 m
Oil intensity
0.5 bbl /$1k
Oil & gas rent
0.4% GDP
Hydrocarbon trade
5.6% GDP
Fiscal breakeven
$30 oil shock
-12.6 pp GDP
Club
Independent

Projected oil demand

Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.7 mb/d (net -0.6) versus NZE 0.4 mb/d (net -0.4).

Scenario2025203020352050
Stated Policies0.50.60.70.8
Net Zero 20500.50.50.40.2
Current Policies0.50.60.70.9

Same region