Houston, USA — Engr. Rahil Pitafi, Joint Executive Director of the Oil and Gas Regulatory Authority (OGRA), proudly represented Pakistan at Gastech 2024, one of the world’s most prestigious events in the energy sector. Selected as a Technical and Commercial Stream Speaker, Mr. Pitafi was chosen by Gastech’s governing body and executive committee after a thorough screening process, which included the review of thousands of papers from leading Gas and LNG companies globally. His paper was among the very few selected, marking a significant achievement for both him and Pakistan.
With nearly 18 years of experience in Pakistan’s Gas and LNG sectors, Mr. Pitafi’s presence on this international stage highlights his expertise and Pakistan’s growing role in the global LNG market. His paper, titled “LNG: Navigating Pakistan’s Energy Landscape,” presented Pakistan’s case on how LNG is shaping its energy future, offering global investors insights into the country’s potential as an LNG market.
Why Pakistan is an Investment Opportunity: Pakistan’s energy market presents a promising investment opportunity for global gas and LNG companies. With a population of over 240 million and an energy mix highly dependent on natural gas, the demand for LNG continues to grow. Despite domestic natural gas production falling short, Pakistan’s strategic placement as an energy corridor between energy-rich regions like Central Asia and the Middle East enhances its appeal. Projects such as the Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Iran-Pakistan (IP) pipelines further underscore Pakistan’s role as a critical transit route for energy.
Pakistan has made significant progress in liberalizing its gas market, introducing third-party access to its LNG infrastructure, which fosters competition and transparency. The development of LNG terminals, pipelines, and virtual LNG projects, despite challenges, is set to expand the country’s capacity and provide ample opportunities for foreign investors. These efforts, along with Pakistan’s extensive gas distribution network and demand for energy solutions, position the country as a dynamic market for energy investments.
Gastech 2024 served as the perfect platform for Mr. Pitafi to showcase these opportunities. Held in Houston from September 17th to 20th, the event attracted over 45,000 participants from around the world, including high-profile attendees such as George W. Bush, 43rd President of the USA, and John F. Kerry, former U.S. Secretary of State. Industry leaders, disruptors, and policymakers discussed the future of global energy, with LNG and hydrogen being key areas of focus. Mr. Pitafi’s participation at Gastech 2024 not only highlights his professional stature but also brings honor to Pakistan. His efforts have placed Pakistan at the forefront of discussions on the global energy transition, highlighting its potential for investment and collaboration in the LNG sector.
About Gastech 2024: Gastech is the world’s foremost exhibition and conference for natural gas, LNG, hydrogen, climate technologies, energy manufacturing, and low-carbon solutions. It serves as a platform for the global energy community to foster meaningful conversations and collaboration on the future of energy.
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