World Bank2013-07-262013-07-262003-07-10https://hdl.handle.net/10986/14623Substantial progess has been made in Pakistan in the restructuring and reform of the oil and gas sectors, deregulation of prices, and privatization of selected assets. The reforms have enhanced transparency, making decisionmakers aware of the various aspects of the business. This review documents the accomplishments to date, and attempts to identify measures that merit priority attention with respect to natural gas, petroleum downstream, and macroeconomic management. The report concludes that Pakistan would benefit greatly from pursuing the reform program it initiated in 2000. The remaining measures will enable the government to unlock the full indigenous resource potential to accelerate growth and improve the welfare of the population. It would release scarce public resources from the hydrocarbon sector, which could then be mobilized for other priority needs like health and education. The reform process would be greatly facilitated through consultations with stakeholders, and using international experience in oil and gas sector reform. A competitive, largely private owned, and efficiently run oil and gas sector will deliver quality energy supplies to the consumers at realistic prices in a sustainable environment.en-USCC BY 3.0 IGOADVERSE EFFECTSBALANCE OF PAYMENTSBARRELBIOMASSBIOMASS USECOMMERCIAL ENTERPRISESCOMPARATIVE ANALYSISCOMPRESSED NATURAL GASCONSUMER PROTECTIONCRUDE OILCRUDE OIL IMPORTSCRUDE OIL PRICECRUDE OIL PRICESDEREGULATIONDIESELDIESEL OILECONOMIC GROWTHECONOMIC IMPACTELECTRICITYELECTRICITY GENERATIONELECTRICITY SUPPLYEMISSIONSEND-USEENERGY CONSUMPTIONENERGY USEENTITLEMENTSENVIRONMENTAL IMPACTENVIRONMENTAL IMPACT ASSESSMENTENVIRONMENTAL PROTECTIONENVIRONMENTAL PROTECTION AGENCYENVIRONMENTAL QUALITYENVIRONMENTAL QUALITY STANDARDSEXPENDITURESFUELFUEL OILFUEL OIL IMPORTSFUEL PRICESFUEL USEFUELSGASGAS AVAILABILITYGAS COMPANYGAS CONSUMERGAS CONSUMER PRICINGGAS CONSUMPTIONGAS DEVELOPMENTGAS DEVELOPMENT SURCHARGEGAS EXPLORATIONGAS GRIDGAS IMPORTSGAS INDUSTRIESGAS INDUSTRYGAS MARKETGAS NETWORKGAS PIPELINEGAS PIPELINE COMPANYGAS PIPELINESGAS POLICYGAS PRICEGAS PRICINGGAS PRICING FRAMEWORKGAS PRODUCTIONGAS PURCHASEGAS REGULATIONGAS REGULATORY AUTHORITYGAS RESERVESGAS RESOURCESGAS SECTOR REFORMGAS SECTOR REVIEWGAS SECTORSGAS SUPPLYGAS TARIFFSGAS TAXATIONGAS TRANSMISSIONGAS TRANSMISSION AND DISTRIBUTION COMPANIESGAS UTILIZATIONGASOLINEGASOLINE PRICEHYDROCARBONSINCOMEINSURANCEINVESTMENTKEROSENELEADED GASOLINELEGISLATIONLIQUEFIED NATURAL GASLIQUEFIED PETROLEUM GASMARKET PRICESMINESNATURAL GASNATURAL GAS SECTORNATURAL RESOURCESOILOIL & GASOIL & GAS SECTOROIL AND GASOIL AND GAS SECTOROIL COMPANIESOIL COMPANYOIL CONSUMPTIONOIL EXPORTSOIL FIELDSOIL INDUSTRYOIL MARKETINGOIL PIPELINEOIL STORAGEPETROLEUMPETROLEUM CONCESSIONPETROLEUM DOWNSTREAM MARKETSPETROLEUM DOWNSTREAM SECTORPETROLEUM EXPLORATIONPETROLEUM GASPETROLEUM IMPORTSPETROLEUM INFRASTRUCTUREPETROLEUM POLICIESPETROLEUM POLICYPETROLEUM PRODUCT CONSUMPTIONPETROLEUM PRODUCT PRICESPETROLEUM PRODUCT PRICINGPETROLEUM PRODUCTSPETROLEUM PRODUCTS PRICESPETROLEUM SECTORPIPELINEPIPELINE SYSTEMPOLICY ENVIRONMENTPOVERTY ALLEVIATIONPOWER GENERATIONPOWER PLANTSPRIMARY ENERGYPRODUCERSREFINERIESREFINERY GATEREFININGSAVINGSTRANSPORT COSTSUTILITIES OIL & GAS INDUSTRYNATURAL GAS RESERVESGOVERNMENT ROLEPRIVATIZATIONENERGY SUBSIDIESGOVERNMENT ROLESHAREHOLDING STRUCTURECONTINGENT LIABILITYSUPPLY & DEMANDREGULATORY FRAMEWORKTHIRD PARTY ACCESSGAS PRICESPETROLEUM PRODUCTSPORT FACILITIESPIPELINE TRANSPORTSTORAGE FACILITIESTERMINALSPETROLEUM CONSUMPTIONPETROLEUM REFINERIESPETROLEUM MARKETSHYDROCARBON RESOURCESTARIFF REFORMSSUBSIDIESPETROLEUM EXPLORATIONWorld Bank10.1596/14623