Vice President of Italian Oil and Gas Company ENI, calls on Finance Minister

Islamabad, April 12, 2016 (PPI-OT):Mr. Lapo Pistelli, Vice President ENI, reputed Italian multinational Oil and Gas Company called on Finance Minister, Senator Mohammad Ishaq Dar here Tuesday. Italian Ambassador H.E Stefano Pontecorvo accompanied Mr. Lapo Pistelli on the occasion. They had discussion with Finance Minister on matters relating to investment in Pakistan.

Minister Dar gave a brief overview of the economy to the visiting delegation and said Pakistan was now fully focused on the path to economic growth where investment had a major contribution to make. He apprised the Deputy Head of ENI about the investment plans of Chinese, Saudi and Qatar companies and said Italian investors were welcome to explore and avail business opportunities in Pakistan in various fields including the energy sector. He said the government offered a liberal investment regime and fully encouraged foreign investors to make investment in Pakistan.

ENI Vice President on the occasion said that the company engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity, fuels and chemical products. He briefed the Finance Minister about the various projects undertaken by ENI and evinced keen interest in business and investment opportunities in Pakistan.

The Finance Minister said all foreign investors would be fully facilitated in undertaking investment activities in Pakistan. Senior officials of the Finance Division, Economic Affairs Division and Water and Power attended the meeting.

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