After decades of reliance on imported and local fossil fuels, Pakistan is shifting towards cheaper and cleaner choices. In FY24, shrinking energy supplies and declining consumption defined Pakistan's energy story. Weak demand and rising fuel costs are driving a gradual move away from fossil fuel dependence.

The Pakistan Energy Market Review (PEMR) 2025 by Renewables First reveals that Pakistan’s primary energy supplies declined for the second consecutive year in FY24, while final energy consumption dropped sharply due to affordability constraints and weaker industrial and agricultural demand.

Crude oil production has dropped by 25% over the past decade, and domestic gas output continues to decline, increasing reliance on expensive imported liquefied natural gas (LNG). Coal consumption is

See Full Page