The government of Pakistan expects that up to US$58bn will be invested in the country's power sector through 2022.
Pakistan plans to solve the power crisis by 2018, thanks to 4,000 MW of new LNG-fired power plants expected by mid-2017, and to develop around 30,950 MW of power generation capacity by 2022. The bulk of the 10,400 MW portfolio under the China-Pakistan Economic Corridor is currently under execution (8,630 MW).
Where gas is concerned, Pakistan bets on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, which should deliver 1,325 mcf/d (13.6 bcm/year) of gas to the country as of January 2020, and on the Iran-Pakistan gas pipeline project (development stopped by restrictions to dollar transactions with Iran). The Iran-Pakistan pipeline could start in June 2018 (250 mcf/d, i.e. 2.6 bcm/year) and its capacity would be ramped up to 750 mcf/d (7.7 bcm/year). Pakistan aims to inject 2 bcf/d (20.6 bcm/year) of LNG in the domestic gas system by mid-2018, from the current 400 mcf/d (4.1 bcm/year), to have surplus gas in the system.
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