Gas crisis in Pakistan intensified
Pak Chronicle Web Desk
Gas crisis in Pakistan intensified: The gas crisis has intensified across the country, which has increased the worries of the citizens.
According to the sources, due to non-arrival of RLNG cargo, the gas in the system has decreased due to which the gas pressure has decreased across Punjab including Lahore.
Sources say that consumers are deprived of gas in most areas of Lahore and the supply of gas to the power sector has also been reduced.
According to sources, the system is facing a shortage of more than 500 million cubic feet of gas.
In this regard, Sui Northern officials say that the cargo will reach the port soon, the situation will be normal next week.
According to Sui Northern officials, gas supply to the fertilizer and textile sector has also been reduced.It is being claimed that after induction of gas into the system, the pressure of gas will improve.
Gas crises and their possible causes: Gas crises can arise due to various factors, such as natural disasters, geopolitical tensions, supply disruptions, infrastructure issues, or mismanagement of resources. These crises often result in shortages of natural gas, leading to increased prices and difficulties in meeting the energy needs of households, industries, and businesses.
In Pakistan, natural gas plays a significant role in the country’s energy mix, being used for power generation, heating, cooking, and industrial processes. Historically, Pakistan has faced gas shortages during peak demand seasons, which has caused inconvenience for the public and affected economic activities.
Gas crisis of 1973
The gas crisis of 1973 was a major energy crisis that occurred in the United States and other countries around the world. It was primarily caused by political and economic events in the Middle East and had significant impacts on global energy markets and daily life for many people.
The crisis began on October 17, 1973, when the Organization of Arab Petroleum Exporting Countries (OAPEC) proclaimed an oil embargo against several countries, including the United States, in response to their support for Israel during the Yom Kippur War. The OAPEC members, led by Arab oil-producing nations such as Saudi Arabia and Iran, decided to reduce oil production and cut off oil exports to countries they perceived as supporting Israel.
As a result of the oil embargo, oil prices skyrocketed, and gasoline became scarce in many countries, including the United States. Long lines formed at gas stations, and some stations ran out of fuel altogether. Many countries implemented fuel rationing and other measures to cope with the shortage.
The gas crisis of 1973 had far-reaching effects on various aspects of society. It led to a significant increase in oil prices, which had a profound impact on the global economy. In the United States, the crisis exposed the country’s dependence on foreign oil and prompted a push for energy independence and the development of alternative energy sources.
The crisis also sparked a wave of energy conservation measures, such as carpooling, reduced speed limits, and daylight saving time extensions, aimed at reducing fuel consumption. It marked a shift in public perception about energy consumption and raised awareness about the need for more sustainable energy practices.
The gas crisis of 1973 had a lasting impact on energy policies and shaped discussions surrounding energy security and geopolitics. It highlighted the vulnerability of countries heavily reliant on imported oil and underscored the importance of diversifying energy sources and developing domestic energy reserves.
The gas crisis of 1973 was a pivotal event that brought significant disruptions to the global energy landscape and prompted substantial changes in energy policies and consumer behavior.