Global Markets

Pakistan’s election could put energy on back-burner

Pakistan’s election could see it shift away from large infrastructure and energy projects, focusing instead on shoring up the country’s finances Pakistan’s election could see it shift away from large infrastructure and energy projects, focusing instead on shoring up the country’s finances.
By Andrew Walker 19 July 2018 0 31820
Political posters in a Karachi street. Political posters adorn a street in Karachi. (PA)

Energy projects could take a back seat in Pakistan if opposition parties win the country’s general election next Wednesday. 

The ruling Pakistan Muslim League-Nawaz (PML-N) gained power in 2013, and reducing the country’s gas shortages has been one of its major aims. It oversaw Pakistan’s first LNG imports in 2015 and the completion of a second terminal late last year. 

PML-N has also built three gas-fired power plants – at huge expense and to a strict schedule – to fulfil a pledge to end blackouts during the...