Page 86 - CMA Journal (Mar-Apr 2026)

S ECT O R I NSIG HT S

S.W.O.T Analysis

of Fossil Fuel Import (Oil & LNG) Industry

This is a simple overview of Pakistan’s fossil fuel import industry using the SWOT framework.
It shows key strengths, weaknesses, opportunities, and threats, not a detailed analysis

STRENGTHS WEAKNESSES

 Imports ensure stable energy supply  High imports increase trade deficit and dollar pressure

 LNG terminals and oil systems ensure steady fuel flow  Expensive fuel raises electricity prices
 Fuel switching helps manage shortages  Low local gas and refining capacity increases dependence

 IPP system increases generation capacity  Weak planning creates supply gaps

 Long term LNG contracts support supply stability  Currency depreciation raises import costs

STRENGHTS WEAKNESSES

SWOT
OPPORTUNITIES THREATS

OPPORTUNITIES THREATS

 Renewables can reduce import needs  Global price volatility increases costs

 Local exploration can cut LNG dependence  Dollar shortages stress imports

 Refinery upgrades can reduce fuel imports  Geopolitical risks disrupt supply

 Policy reforms can improve energy mix  High import dependence weakens energy security

 Regional projects can diversify supply  Emissions remain high despite climate commitments
and Norway Article 6.2 (2026)

84 ICMA’s Chartered Management Accountant, Mar-Apr 2026