Cash in on Pakistan's energy crisis

With Pakistan's power stations unable to afford the oil and gas to power their generators, the country is turning to coal. Tom Bulford examines Pakistan's energy crisis, and picks one small-cap miner well-placed to take advantage.

The lights have been going out across Pakistan. From Islamabad to rural villages, residents regularly have to go without power for up to 15 hours a day.

The economy is being crippled and there is a very simple reason for it: for some months now, the country's power stations have been unable to afford to import the oil and gas that is needed to power the generators. And with the country's own production of oil and gas going into decline, this problem is only going to get worse.

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Tom worked as a fund manager in the City of London and in Hong Kong for over 20 years. As a director with Schroder Investment Management International he was responsible for £2 billion of foreign clients' money, and launched what became Argentina's largest mutual fund. Now working from his home in Oxfordshire, Tom Bulford helps private investors with his premium tipping newsletter, Red Hot Biotech Alert.