Bergamo Acquisition Corp. (BGMO)

[Greengo]

The Pakistani government is anticipating the energy crisis to worsen in the coming two years due to a 50% increase in the demand and a rather slow improvement in the supply, the leading Pakistani newspaper DAWN reported Monday.

The power shortage, estimated to be 1000 to 2000 MW during the current year, is likely to hit 3000 MW next year and to increase to about 5300 MW by 2010, said the report.

The overall energy requirement of Pakistan is expected to be about 80 million tons of oil equivalents (MTOE) in 2010, up by about 50% from the 54 MTOE of the current year, it said.