Dr. Asim welcomes European Union interest in oil and gas exploration

Islamabad, February 26, 2013 (PPI-OT): Advisor to the Prime Minister on Petroleum and Natural Resources Dr. Asim Hussain has said that Pakistan has always welcomed the cooperation extended by European Union (EU) in various sectors of the economy.

He was talking to Ambassador Patricia Flor EU Special Representative for Central Asia who called on Dr. Asim Hussain today in Islamabad. The meeting was also attended by Mr. Abid Saeed Secretary Petroleum and Syed Tauqir Hussain Joint Secretary (I and JV) Ministry of Petroleum and Natural Resources.

Dr. Asim Hussain apprised the EU Ambassador about the ongoing projects of the oil and gas sector in Pakistan and informed that the Government is providing incentives to the Companies intending to invest in Oil and Gas sector of Pakistan.

The Advisor stated that Pakistan needs to balance its energy mix, for which various projects and policy initiatives have been taken including policies on Shale Gas, LPG, LNG, Tight Gas, Flared Gas and Marginal Gases. He welcomed the interest of EU in helping out Pakistan in the Oil and Gas Exploration.

The EU Ambassador was also requested for possible collaboration in the field of Petroleum education, particularly at the Institute of Science and Technology recently established by OGDCL under the direction of Advisor / Minister Petroleum.

Ambassador Patricia Flor apprised that EU is already providing assistance to Pakistan in various sectors of economic and social development. She thanked the Advisor / Minister for meeting him and assured that the EU would extend all possible help in the energy sector and transfer of technology.

For more information, contact:
Irfan Ashraf Qazi
Public Relations Officer
Ministry for Petroleum and Natural Resources
Mobile: 0334-4487654
Tel: +9251 921 0220 -9206416
Fax: +9251 921 3180
Email: minister@mpnr.gov.pk

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