First Ship bringing Russian crude oil soon nearing Pakistani shores. MoS Mussadik Malik informs delegates of PIP’s Pakistan Energy Conference.

*First Ship bringing Russian crude oil soon nearing Pakistani shores. MoS Mussadik Malik informs delegates of PIP’s Pakistan Energy Conference.*

Pakistan Oil and Gas Conference 2022: Securing Our Energy Future

Islamabad, Pakistan – May 30, 2023 –

Petroleum Institute of Pakistan (PIP), the representative body of the oil and gas sectors in Pakistan, successfully hosted its prestigious Pakistan Oil and Gas Conference 2023 on Tuesday, May 30, 2023 at Islamabad Serena Hotel under the theme “Securing our Energy Future.”

The conference served as a significant platform for the launch of Pakistan Energy Outlook Document 2022, while highlighting the collaborative efforts of PIP and NED University of Engineering and Technology in analyzing the changing energy demand-supply scenarios.

Honourable Minister of State for Petroleum, Mr. Mussadik Malik, addressed the delegate through a video recorded message highlighting the importance of energy sector reforms and his vision and goals for the sustainable energy future of Pakistan.

Over the course of the conference, key topics included in-depth discussions on the challenges and solutions for sustainability in the oil sector, Pakistan energy supply chain and associated safety challenges, power supply assessment and demand side management opportunities, Pakistan’s offshore potential, E&P challenges and opportunities, Pakistan’s Refining sector – Challenges and opportunities, the future of LPG in Pakistan and addressing the growing natural gas shortage.

PIP’s CEO Mr. Shehryar Omar presented Pakistan Energy Outlook (PEO) 2022 edition to PIP’s Chairman Mr. Shahid Mahmood Khan to formally mark the launch of this pivotal document, a flagship biennial publication by PIP that provides comprehensive analysis and demand-supply gap insights within the energy sector dynamics.

With attendance exceeding 200 delegates, including CEOs of NOCs and IOCs, heads of organizations, government officials, industry professionals, media representatives and renowned experts from academia and the oil and gas industry, the conference fostered valuable networking opportunities and knowledge sharing.

Established in 1963, Petroleum Institute of Pakistan (PIP) has emerged as a professional, non-governmental body dedicated to serving national development objectives by providing credible energy advisory services to the Government of Pakistan, industry stakeholders, and academic institutions. Currently comprising 21 major oil and gas companies operating in Pakistan, PIP holds the distinction of being the country representative of esteemed international bodies such as the World Petroleum Council (WPC).