MOSABJA
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PAKISTAN produces around two million tons molasses annually out of which during the last year 1.45 million tons were exported at a nominal rate of $35 per ton, earning only $47 million. According to industry sources, more foreign exchange can be earned if the molasses is converted to more value-added products, like ethyl alcohol (ethanol). On an average ethanol recovery from one ton of molasses is estimated at 240 to 270 litres depending on the quality of molasses. If the entire two million tons of molasses are processed in distilleries, ethanol production will be over 500 million litres (0.4 million tones), and on exporting the same at an average price of$360 per ton, the country can earn around $144 million. Thus, there is a glaring difference in earning foreign exchange between two products. At present, national output is around 0.123 million tons ethanol that fetches around $44.35 million through exports. Ethanol is mainly exported to Japan, European countries, China and Korea where it is heavily used in medicines, while Pakistan imports almost 95 per cent of the basic raw materials used for manufacturing of medicines from various countries because Pakistan does not have basic manufacturing facilities. The country can benefit from local production of ethanol by promoting use of ethanol as gasoline blending component. The industrial alcohol can be converted into fuel ethanol by using molecular sieve technology with a capital expenditure of $1.5 million and in a period of five to six months.
Petrol consumption today is around 100 million barrels of oil per year.
while only 20 million are prodced indigeneously.
Pakistan can greatly reduce its petrol consumption immediately by.
1)Converting the Power Plants run on furnace oil into Indigenous coal based power plants.Pakistan today has 4 largest coal reserves.
This alone could save at least 30 million barrels of oil.
2)Oil can be blended by 10 % ethanol immediately there by bringing down the Petrol consumption by at least 30- 40 million barrels per year by THESE TWO STEPS.
pakistan trade deficit can immediately be reduced by 4 billion dollars.
Besides it if pakistan decides to totally use ethanol as a substitute for petrol then.
pakistan tiday has a potential to porduce at least 500 million litres Ethanol.
These 500 million litres can replace 50 million barrels of oil.
So in addition fo
* 20 million barrels oil produced indigenously .
*500 million litres replacing 50 million barrels oil.
*30 million barrels oil consumption reduced by converting oil run Power plants.
PAKISTAN CAN BECOME SELF SUFFICIENT IN FUEL.
THERE BY ELIMINATING THE TRADE DEFICIT.
Petrol consumption today is around 100 million barrels of oil per year.
while only 20 million are prodced indigeneously.
Pakistan can greatly reduce its petrol consumption immediately by.
1)Converting the Power Plants run on furnace oil into Indigenous coal based power plants.Pakistan today has 4 largest coal reserves.
This alone could save at least 30 million barrels of oil.
2)Oil can be blended by 10 % ethanol immediately there by bringing down the Petrol consumption by at least 30- 40 million barrels per year by THESE TWO STEPS.
pakistan trade deficit can immediately be reduced by 4 billion dollars.
Besides it if pakistan decides to totally use ethanol as a substitute for petrol then.
pakistan tiday has a potential to porduce at least 500 million litres Ethanol.
These 500 million litres can replace 50 million barrels of oil.
So in addition fo
* 20 million barrels oil produced indigenously .
*500 million litres replacing 50 million barrels oil.
*30 million barrels oil consumption reduced by converting oil run Power plants.
PAKISTAN CAN BECOME SELF SUFFICIENT IN FUEL.
THERE BY ELIMINATING THE TRADE DEFICIT.