解锁巴基斯坦能源部门的新投资视野

这一激增是由一系列战略改革驱动的，包括对石油政策的修正和引入紧密的汽油政策

Pakistan's energy sector, often a tale of missed opportunities and financial distress, is undergoing a dramatic shift with over $5 billion in investment expected from local and international oil and gas exploration and production (E&P) firms.

巴基斯坦的能源部门通常是错过机会和财务困扰的故事，正在发生巨大的转变，而本地和国际石油和天然气勘探和生产（E＆P）公司预期的投资超过50亿美元。

This surge in investor confidence, driven by a series of strategic reforms, marks a turning point for a nation battling costly energy imports and persistent economic challenges.

在一系列战略改革的推动下，投资者信心的激增标志着一个与代价高昂的能源进口和持续的经济挑战作斗争的转折点。

A Policy Overhaul: Unlocking New Investment Horizons

政策大修：解锁新的投资视野

At the heart of this transformation are the amendments in the Petroleum Policy and the introduction of the Tight Gas Policy, which collectively foster a more lucrative and investor-friendly environment.

这种转型的核心是石油政策的修正案和引入紧密的天然气政策，这共同促进了更加有利可图和投资者友好的环境。

The amendments in the Petroleum Policy offer enhanced incentives, including increased gas prices, optimized revenue-sharing mechanisms, and greater operational flexibility for E&P firms.

石油政策的修正案提供了增强的激励措施，包括加油价格上涨，优化的收入分享机制以及E＆P公司的运营灵活性更大。

Furthermore, the introduction of the Tight Gas Policy renders investment in unconventional gas resources more attractive, potentially unlocking new frontiers in domestic energy production.

此外，引入紧密的天然气政策使对非常规的天然气资源的投资更具吸引力，可能在国内能源生产中释放新的前沿。

This initiative is fueled by the government's strategic revision of gas prices over the past year, which has significantly boosted the financial positions of major gas companies.

过去一年中，政府对汽油价格的战略修订助长了这一举措，这显着促进了主要天然气公司的财务状况。

The adjustments have notably improved the performance of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC), rendering them less reliant on government bailouts.

这些调整显着改善了SUI Northern Gas Pipelines Limited（SNGPL）和SUI Southern Gas Company（SSGC）的性能，从而减少了对政府救助的依赖。

Moreover, the inclusion of Re-gasified Liquefied Natural Gas (RLNG) diversion in revenue calculations has mitigated tariff disparities between gas and RLNG, fostering financial stability across the sector.

此外，在收入计算中加入了重新加油的液化天然气（RLNG）转移，从而减轻了天然气和RLNG之间的关税差异，从而促进了整个行业的财务稳定性。

Infrastructure Expansion: The Backbone of Energy Security

基础设施扩展：能源安全的骨干

To sustain this investment wave, Pakistan is prioritizing infrastructure expansion. The signing of the Consortium Agreement for the Machike-Thalian-Taru Jabba White Oil Pipeline Project in December 2023 underscores the government's commitment to energy self-sufficiency.

为了维持这一投资浪潮，巴基斯坦正在优先考虑基础设施扩展。 2023年12月，签署了Machike-Thalian-Thalian-Taru Jabba White Oil Pipeline项目的财团协议，这强调了政府对能源自给自足的承诺。

Additionally, the development of a 230km gas pipeline and the provision of 20,000 new gas connections by SSGC in 2023 highlight an aggressive push toward strengthening distribution networks and expanding service reach.

此外，SSGC在2023年开发了230公里的天然气管道，并提供了20,000种新的气体连接，突显了朝着加强分销网络和扩大服务范围的积极推动。

Gas allocation reforms are another cornerstone of this strategy. By ensuring that industries receive priority access to newly discovered reserves, the government is safeguarding supply chains while reducing dependency on expensive imported urea.

气体分配改革是该策略的另一个基石。通过确保行业优先获得新发现的储量，政府正在保护供应链，同时减少对昂贵进口尿素的依赖。

Moreover, allowing E&P companies to sell up to 35% of their production to third parties has liberalized the market, facilitating cash flows for E&P firms and fostering competition in the energy landscape.

此外，允许E＆P公司最多将其生产的35％出售给第三方，已将市场自由化，促进了E＆P公司的现金流量，并促进了能源环境中的竞争。

Leveraging Global Expertise for Sustainable Growth

利用全球可持续增长专业知识

In a move toward good governance and optimal resource management, Pakistan is engaging renowned consultancy firms for technical assistance.

为了迈向良好的治理和最佳资源管理，巴基斯坦正在吸引著名的咨询公司寻求技术援助。

DeGolyer and MacNaughton and Wood Mackenzie have been roped in to integrate advanced geological data and prepare offshore bid rounds, aiming to attract maximum participation in oil and gas exploration.

DeGolyer和Macnaughton和Wood Mackenzie已被绑架以整合高级地质数据并准备海上竞标回合，旨在吸引最大程度地参与石油和天然气勘探。

Collaboration with the World Bank has resulted in the establishment of a cash flow monitoring system and a circular debt management dashboard, enabling greater financial transparency and oversight.

与世界银行的合作导致建立了现金流量监控系统和循环债务管理仪表板，从而实现了更大的财务透明度和监督。

Efforts to align Pakistan's mineral laws with global standards are also progressing, with international consultants engaged in regulatory reforms that are expected to be completed by mid-2025.

将巴基斯坦矿产法与全球标准保持一致的努力也正在进步，国际顾问进行监管改革，预计将在2025年中期完成。

The resolution of the Reko Diq dispute, which had long posed an obstacle to mining sector investments, has opened the door for foreign capital to enter the lucrative minerals sector.

长期以来，REKO DIQ争端的解决构成了采矿业投资的障碍，为外国资本打开了进入利润丰厚的矿产领域的大门。

The potential for Saudi investments in mining and other sectors is currently being explored, signaling a broader economic partnership beyond energy.

目前正在探索沙特在采矿和其他部门进行投资的潜力，这表明了能源以外的更广泛的经济伙伴关系。

A Future Anchored in Energy Security and Economic Stability

未来以能源安全和经济稳定为基础

This shift in investor confidence is reflected in the numbers. From 2024 to 2025, Pakistan generated Rs54.7 billion in oil royalties, Rs1.46 billion in gas royalties, and Rs2.07 billion in production bonuses.

投资者信心的这种转变反映在数字上。从2024年到2025年，巴基斯坦的石油特许权使用费，14.6亿卢比的汽油特许权使用费和2007亿卢比的生产奖金。

These revenues, coupled with robust policy reforms and infrastructure investments, are rendering Pakistan an increasingly competitive player in the global energy market.

这些收入，加上强大的政策改革和基础设施投资，使巴基斯坦成为全球能源市场上日益激烈的参与者。

As the country continues to diversify its energy mix with alternative sources like coal gasification and mineral exploration, it is also taking steps to mitigate environmental risks.

随着该国继续通过煤气化和矿产勘探等替代来源将其能源混合物多样化，它也正在采取措施减轻环境风险。

Stricter regulations on hazardous petroleum product imports and a focus on safety and compliance highlight a broader economic strategy that extends beyond immediate investment gains.

关于危险石油产品进口的更严格的法规以及对安全性和合规性的关注强调了更广泛的经济战略，该战略超出了立即投资的增长。

With strategic reforms, renewed investor confidence, and a vision for sustainable growth, Pakistan's petroleum sector is emerging as a beacon of hope in a region grappling with economic and geopolitical challenges.

通过战略改革，重新获得了投资者的信心以及对可持续增长的愿景，巴基斯坦的石油部门正在成为应对经济和地缘政治挑战的地区的希望的灯塔。

The government's determination to ensure long-term energy security, financial stability, and economic resilience is evident in the sweeping changes and targeted investments that are set to transform the nation's economic landscape.

政府确保长期能源安全，财务稳定和经济韧性的决心在彻底的变化和有针对性的投资中很明显，这些投资将改变国家的经济格局。