Govt taking measures to boost investment in energy sector: Ghulam Sarwar

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan on Monday termed uninterrupted energy provide very important for financial development.

He stated this whereas addressing the worldwide convention on petroleum to debate state of Pakistan petroleum business, new international traits and alternatives in Pakistan petroleum sector.

Ghulam Sarwar Khan stated that the federal government was making all efforts to beat the prevailing vitality crises within the nation. He stated that the federal government was bringing reforms and selling funding within the vitality sector.

The minister stated that commerce deficit was rising as a result of import of petroleum merchandise.He stated that tow oil refineries, in collaboration with Saudi Arabia and United Arab Emirates, could be established within the nation.

Ghulam Sarwar instructed the assembly {that a} international consortium had began deep offshore drilling close to Karachi.

He stated that Turkmenistan–Afghanistan–Pakistan–India (TAPI) gasoline pipeline undertaking was very import to satisfy the gasoline demand in nation.

Learn Extra: Pakistan, Azerbaijan to setup Joint working group on Energy: Ghulam Sarwar

Earlier, Federal Minister for Petroleum Ghulam Sarwar Khan had stated on January 30 that Pakistan and Azerbaijan would represent a joint working group on Power.

He had stated this throughout a gathering with Azerbaijan’s ambassador to Pakistan, Ali Alizadai at his workplace within the federal capital.

In keeping with a press release launched from the ministry, Azerbaijan had fascinated about investing in LNG sector by way of State Oil Firm of Azerbaijan Republic (SOCAR).

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