ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reaffirmed that Pakistan has not faced any electricity shortages nor disruption in exports despite oil supply challenges triggered by the ongoing Gulf tensions.
Chairing a high-level meeting on long-term energy planning and export strategy, the prime minister said the country’s growing reliance on renewable energy has helped maintain stability in the power sector. “Despite disruptions in oil supply caused by regional tensions, no electricity crisis has emerged,” he noted, adding that solar and other renewable sources are shaping the future of Pakistan’s energy landscape.
He directed authorities to accelerate progress on the Battery Energy Storage System (BESS) project and called for a comprehensive national strategy to expand renewable energy capacity further.
Highlighting trade resilience, the prime minister stated that exports to Gulf countries continue uninterrupted. He tasked the Pakistan National Shipping Corporation with arranging additional vessels to support maritime exports and ensure smooth supply chains.
According to the briefing, renewable energy currently accounts for 55% of Pakistan’s electricity generation, with plans underway to increase this share to 90% over the next decade, reducing dependence on fossil fuels to just 10%.
Officials also informed the meeting that demand for Pakistani agricultural products in Gulf markets is steadily rising, supported by ongoing diplomatic engagement to sustain export flows amid evolving global challenges.
The meeting was attended by senior cabinet members including Ishaq Dar, Ahsan Iqbal, Rana Tanveer Hussain, Dr. Musadik Malik, Sardar Owais Ahmed Khan Leghari and Governor State Bank Jameel Ahmad, among others.
Story by Syed Irfan Raza
