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Energy needs increasing rapidly: PM
ISLAMABAD—Prime Minister Shaukat Aziz has said energy demand in Pakistan
is rapidly increasing due to fast growing economy and investors are
encouraged to invest in this sector.
He was talking to President and Chief Executive of PETRONAS oil company
of Malaysia, Tan Sri Dato’ Sri Mohammad Hassan Marican, who called on
him at the Prime Minister’s House Monday evening. The Prime Minister
said Pakistan is a growing economy and its power demands are growing
accordingly. Pakistan has invited and encourages foreign and local
investors to invest in oil and gas sector, he added.
He said Pakistan is a country rich in natural resources that need to be
exploited and Pakistan presents a vast potential in oil and gas
exploration as well as petrochemicals industry. He said Pakistan is
looking forward to attracting more prospecting and exploration companies
to come and start their operation.—APP |