energyNP.com  
Tel
98510-91900 
Email
energyNP@hotmail.com 
Menu

 
 
News  
Back to energy news list >>>
 

 
 
 Air Conditioner
 Battery
 Booster Pump
 Charger
 Cold Storage Room
 Electric Power Tools
 Electric Water Heater
 Garbage Disposal
 Station
 Generator
 Heat Pump
 Inverter
 Power Supply
 Rectifiers
 Self Priming Pump
 Solar Energy
 Solar Water Heater
 Transformer
 UPS
 Voltage Stabilizer
 Wind Energy
 
  Petroleum Firms Announce $5 Billion Investment in Pakistan

A delegation of domestic and foreign petroleum and gas exploration and production companies met with Prime Minister Shehbaz Sharif in Islamabad, leading to them announcing a substantial investment of $5 billion in Pakistan over the next three years.

The prime minister has directed relevant authorities to prioritize resolving all issues related to the sector.

Expressing their confidence in Prime Minister Sharif's leadership, the companies committed to investing $5 billion to enhance Pakistan's petroleum and gas exploration efforts. Delegation members praised the PM for his serious attention to the sector, acknowledging his efforts in consulting with industry stakeholders, addressing their concerns, and finding solutions.

"Thank you for making us part of the consultation process, listening to our problems and finding solutions," they said.

During the meeting, it was revealed that 240 drilling sites will be explored over the next three years. The PM invited petroleum and gas companies to explore offshore reserves, emphasizing that local exploration of oil and gas is a top priority for Pakistan.

"Exploration of oil and gas reserves at the local level in Pakistan is our first priority," he observed, noting that the country spends billions annually on importing oil and gas, and local production could save valuable foreign exchange while making fuel and gas more affordable for the common man.

PM Sharif directed the authorities concerned to provide solutions to all the problems of the petroleum and gas sector on a priority basis.

To ensure the smooth operation and development of the sector, the PM formed a committee headed by Deputy Prime Minister Ishaq Dar. This committee, comprising officials concerned, secretaries, and experts, will formulate policy proposals for the exploration and development of oil and gas reserves.

The PM reiterated his commitment to providing solutions for all the challenges faced by the petroleum and gas sector on a priority basis, aiming to boost local production and reduce dependency on imports.

by samaa

[ 6 July, 2024 / world-energy.org ]   
 
 
Voltage Stabilizer Nepal Kathmandu
 
UPS Nepal Kathmandu
 
Lithium iron battery LiFePO4 Battery Nepal Kathmandu
 
Inverter Hybrid On-grid Off-Grid Energy Storage Solar Inverter Nepal Kathmandu
 
Solar Water Heater Nepal Kathmandu
 
GREE Air Conditioner Residential Nepal Kathmandu
 
Solar Water Heater Nepal Kathmandu
 
Gree Air Purifier Kills Novel Coronavirus Nepal Kathmandu
 
Battery Charger Nepal Kathmandu
 
Complete Power Solution
 
 
 
 
Solar Water Heater Nepal Kathmandu Solar Energy Nepal Kathmandu Wind Power Nepal Kathmandu Power Generator Nepal Kathmandu Voltage Stabilizer Nepal Kathmandu Transformer Nepal Kathmandu AirConditioner Nepal Kathmandu Battery Nepal Kathmandu UPS System Nepal Kathmandu Rectifier Nepal Kathmandu
 
 
Link: The Official Portal of Goverment of Nepal Nepal Electricity Authority Nepal Alternative Energy Promotion Centre Nepal Telecom Nepal Department of Agriculture Nepal Department of Industry wow Nepal! Nepal Global Buying SIMONES Industries|Nepal Power Solution
  Nepal Goverment Nepal Electricity Authority Nepal Alternative Energy Promotion Centre Nepal Telecom Nepal Department of Agriculture Nepal Department of Industry wow-Nepal | Nepal Global Buying SIMONES Industries |Nepal Power Solution
 
Fair: Investment Summit Nepal Himalayan Hydro Expo Nepal Kathmandu China International Import Expo China Import and Export Fair China-South Asia Exposition Guangzhou Int’l Refrigeration, Air-Condition, Ventilation, Air-Improving Equipment Exhibition Guangzhou International Solar Photovoltaic Exhibition Asia Battery Sourcing Fair
  Investment Summit Nepal Himalayan Hydro Expo Nepal China International Import Expo China Import and Export Fair China-South Asia Exposition Int'l Refrigeration, Air-Condition Fair Int'l Solar Photovoltaic Exhibition Asia Battery Sourcing Fair
 
Copyright @ 2014 All right reserved. Simones Industries