Pakistan Pakistan Economy Updates

[Fatman17]

KP leads Pakistan's crude oil production with 49% - Profit by Pakistan Today

Crude oil output rises 10% YoY to 68,600 barrels per day; gas production increases 8% to 3,008 million cubic feet per day; exploratory drilling surges 352% in September

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Khyber Pakhtunkhwa accounted for 49% of Pakistan's crude oil production in August 2026, while Sindh contributed 62% of natural gas output, according to the Pakistan Oil and Gas Exploration Activity Report for September 2026.

Pakistan's crude oil production stood at 68,600 barrels per day, increasing 10% year-on-year (YoY) but declining 5% month-on-month (MoM).

Natural gas production rose 8% YoY and 1% MoM to 3,008 million cubic feet per day, while liquefied petroleum gas (LPG) output increased 20% YoY and 7% MoM to 2,238 tonnes per day.

 

[Fatman17]

BYD in talks to bring ultra-fast charging technology to Pakistan

BYD’s second-generation Blade Battery powers its Mega Flash Charging technology

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Chinese electric vehicle giant BYD is in talks with its local partner, Mega Motor Company (MMC), to introduce its next-generation ultra-fast charging technology in Pakistan, as the company looks to support the adoption of new energy vehicles in the country.

“We are currently discussing with our local partner, Mega Motor Company, how this technology could eventually be introduced to serve Pakistani customers,” said Liu Xueliang, Vice President of BYD Co., Ltd., and General Manager of BYD’s Asia Pacific Auto Sales Division, in an exclusive talk to BR Research.

Liu shared that BYD’s second-generation Blade Battery powers its Mega Flash Charging technology. “Its biggest advantage is that it significantly reduces charging time, making electric vehicles far more practical for everyday use while accelerating the adoption of new energy vehicles.”

 

[Fatman17]

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October 07, 2026 (MLN): A Qatari liquefied natural gas (LNG) shipment bound for Pakistan has crossed the Strait of Hormuz after Pakistan negotiated safe passage with Iran, according to traders with knowledge of the matter cited by Bloomberg.

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The cargo crossed the strait late on Tuesday and is now headed for Pakistan, ship-tracking data compiled by Bloomberg showed.

Pakistan has asked Iran to allow at least two Qatari LNG shipments to pass through Hormuz in October, the traders said.

The cargo's arrival will allow Pakistan to put off plans to buy LNG from the spot market, they added.

Pakistan imported nearly all of its LNG from Qatar last year. The country has been dealing with an energy shortfall since the war in Iran disrupted fuel flows through Hormuz.

 

[Fatman17]

Rice export in hot waters

Pakistan’s rice export sector, after shipping a record six million tons worth USD 3.89 billion in FY2024, has been...

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Support the farmer, not the foreign consumer

The policy priority must change.

Instead of another port-based incentive or blanket freight subsidy, scarce public funds should be directed towards reducing the farmer’s cost of production and raising productivity.

A sea-freight subsidy may temporarily compensate exporters, but it does little to address Pakistan’s structural disadvantage. It can also increase domestic procurement prices without improving yields, quality or production efficiency.

Support should instead target certified high-yield indigenous Basmati and non-Basmati seed, water-saving irrigation, laser land levelling, mechanisation, paddy dryers, scientific storage, soil testing, extension services and internationally recognised food-safety and traceability systems.

A Rice Grower Support Voucher could provide registered farmers with discounts on certified seed, fertiliser, pesticides, laser levelling, efficient irrigation and solar-powered pumping. For small farmers, support could be transferred through verified bank or Pakistan Post accounts and linked to acreage, certified seed use and productivity improvements.

This would achieve what an export subsidy cannot: reduce production costs at their source.

Hormuz is a global challenge

The disruption around the Strait of Hormuz has added to freight, insurance, vessel availability and routing costs. Freight from Indian and Pakistani ports to Jeddah reportedly rose from around USD 500 per 20-foot container to USD 3,500, although quotations have since fallen towards USD 2,300. Jebel Ali rates have also remained elevated.

But this is not a Pakistan-specific disadvantage. Competing rice exporters face the same global shipping and insurance shock.