Project Uncertainties: A Critical Analysis of the Pakistan-Iran Gas Project and its Implications for Pakistan's Energy Security
DOI:
https://doi.org/10.1234/re.v9.i2.18Keywords:
Energy Crisis of Pakistan, Iran-Pakistan Gas Pipeline, Energy, Geopolitics, Renewable EnergyAbstract
Introduction: Atomic power Pakistan faces a chronic energy crisis characterized by power shortages and dependency on expensive imported fuels from Gulf, which suppresses economic development and industrial growth in the country. The Pakistan-Iran gas pipeline deliver a reliable and cost-effective energy source for whole country, but it has been delayed by geopolitical complexities. This study critically analyzes the project's potential to enhance Pakistan's energy security for development.
Methodology: Present study used qualitative systematic literature review to examine the uncertainties and implications of the Pakistan-Iran gas project. It systematically identifies, evaluates, and synthesizes relevant literature review, focusing on geopolitical situation, economic, technical, environmental, and policy aspects, using thematic analysis to interpret findings.
Results/Findings: The analysis trickle-downs to the fact that though the pipeline, as against other sources of energy in Pakistan, is potentially able to offer a more reliable and inexpensive source, drastically cutting down the country's dependence on imported fuel, various major challenges still remain to be overcome. Of course these relate to geopolitical tensions with Iran, financing constraints posed by Pakistan, security concerns in Pakistan along the pipeline route, and shifting regional dynamics. In addition, the possibility of the project grows complex due to the regional powers involved and global sanctions.
Future Direction: Uncertainties for the pipeline; regional cooperation and adoption of a multi-faceted energy strategy that encompasses a renewable energy system with healthy regulatory frameworks and environmental protection for Pakistan, are the necessities. The project requires diplomatic engagement and economic inducements.