POGEE showcases state-of-the-art equipment
26 April 2010
This year the eighth international POGEE exhibition and conference, organised by Pegasus Consultancy, will take place between the 19-22nd May at the Karachi Expo Centre, Karachi, Pakistan. The event is geared to be an exclusive trade exhibition, showcasing state-of-the-art equipment and machinery providing its participants with a comprehensive technical insight into the regional oil and gas industry
POGEE showcases state-of-the-art equipment
Over the last seven years, Pakistan oil, gas and energy exhibition and conference (POGEE) has become an important industry event. The annual growth in the number of exhibitors from around the world ascertains the immense investment potential in Pakistan's energy sector. While showcasing the state-of-the-art machinery and technology, it brings together leaders and industry professionals from across the globe to an exclusive platform with top level networking opportunities.
Pakistan with an ideal geographic and strategic location serves as a corridor for the international supply routes of energy. Being a regional power house, the country possess opportunities of setting up the oil and gas pipelines as well as electricity grids within the region and with other neighbouring energy rich countries such as Iran, Tajikistan and Turkmenistan.
Pakistan's energy requirements are increasing every year and to meet the rising demand of energy, the government of Pakistan is currently focused on diversification of gas supplies, reconstruction of hydropower plants, construction of underground gas storage facilities, development of oil exploration and production, tapping of renewable energy resources, attracting foreign investment and privatisation of state-owned assets.
Pakistan is responding to the energy development challenge by pursuing a wide range of domestic and imported energy projects and in the year 2008 - 2009, the oil, gas and energy industry has attracted foreign investment of about US$ 796 million.
The location of Pakistan at the crossroads of Central Asia and the Arabian Sea has brought into spotlight its significance as an attractive market and a regional transit route for energy. Oil and gas are the two major components of the energy mix which contribute 79% to the 63 million TOE of energy requirement in the country. The Government is formulating investor-friendly policies to increase the share of indigenous resources in the country. As a result of these policies, the oil & gas sector has attracted foreign direct investment of over US$ 700 million in 2008-09.
Pakistan is one of the largest consumers of gas in the region. It has a well developed and integrated infrastructure of transportation, distribution and utilisation of natural gas with 10,285 km of transmission and 93,961 km of distribution network. The two gas distribution companies plan to invest about US$ 400 million to increase the capacity of existing distribution network.
Up till now 725 wells have been drilled by various local and international exploration and production companies with 219 oil and gas discoveries, bringing the gas reserves to 30 TCF. An investment of US$ 1 billion was spent in drilling activities with 60 new wells drilled in 2008-09. At the same time, the crude oil recoverable reserves are estimated at 313 million barrels. The current production of oil is 66,532 barrels per day, whereas gas production is at 4 billion cubic feet per day.
Currently seven refineries are operating in the country with a refining capacity of 13 million tonnes per year.
Pakistan is now the largest CNG user in the world. Currently, 2700 CNG stations are operating with an investment of over US$ 1 billion, serving 2 million vehicles in the country.
This year the eighth international POGEE exhibition and conference, organised by Pegasus Consultancy, will take place between the 19-22nd May at the Karachi Expo Centre, Karachi, Pakistan. The event is geared to be an exclusive trade exhibition, showcasing state-of-the-art equipment and machinery providing its participants with a comprehensive technical insight into the regional oil and gas industry.
POGEE, featuring Oil & Gas Pakistan and Power Technology Pakistan exhibitions, has established itself as the premier event catering to the oil, gas and energy sectors. It serves as a convergence point for national and international companies to explore business opportunities in Pakistan. With unprecedented experience and reach, POGEE is the ideal venue to interact with key decision-makers and government officials, discuss areas of mutual cooperation, implement government plans and fulfill the future requirements of this industry in Pakistan.
The exhibition features a vast array of exhibitors, including exhibitors involved in: Fire alarm systems; fire detection/ prevention systems and equipment; predictive maintenance systems; explosion proof fittings; safety and security; and diesel engine power packs for hazardous areas.
Pakistan's energy requirements are increasing every year with a growing gap between the energy demand and its supply. To fully realise its economic potential for meeting the energy needs, the country requires an adequate energy security plan with maximum utilisation of indigenous resources and the development of renewable sources as part of the overall energy mix.
This year POGEE Conference is designed to address the current energy issues with more focus on suggesting various possible options available to the industry. The leading local and international energy companies, researchers, consultants and professionals are being targeted to enlighten the stakeholders with their valuable knowledge and experience for securing promising energy future.
In addition, the Conference will provide attendees with an opportunity to not only gain practical insight from leading experts but will also get a chance to network with the prospective business partners.
POGEE 2010 conference programme outline
Oil and gas
Expanding oil & gas exploration and production operations in Asia: cost analysis
International oil prices and Pakistan 's economy
Oil and gas legal and regulatory challenges for enticing foreign investment
Partnership opportunities with Asian NOCs and addressing the considerations in cross border activity
Bankers' perspective on the options and strategies for Asian oil and gas sector to raise capital
Asia LNG market - issues and trends
Building pricing mechanism and requisite infrastructure for LNG import in Pakistan
Regional energy demand and supply outlook
Energy infrastructure in South Asia
Leveraging regional energy resources through energy trade
Regional analysis of Asia 's clean energy options
Understanding of the opportunities and risks for closer energy collaboration among neighboring countries
Assessment of power project opportunities in South Asia
Prospects of Pak-Iran energy/power cooperation
Identifying and facilitating various renewable energy projects in Pakistan
Mitigating the environmental impact of energy use (particularly through the use of renewable energy)
Regulatory aspects for sustainable alternative energy systems
Study on biomass energy and feasibility in South Asia
Prospects for the development of solar energy market in Asian countries
Foreign investment in Pakistan by the solar energy product manufacturers
Clean coal options in the Asian region
Producing SNG from coal in Asia : Feasibility report
Facilitating intra-ASEAN coal related issues