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Minister emphasized new oil & gas explorations
By Uzma Babar
ISLAMABAD—Federal Minister for Petroleum and Natural Resources Khawaja
Muhammad Asif has directed the Ministry to expedite the Oil and Gas
exploration in the country to meet the challenges of soaring
International oil prices and reduction of oil import bill.
Federal Minister expressed these views while taking a briefing from the
senior official of the Ministry of Petroleum.
Secretary Petroleum and Natural Resources Mr. Farrakh Qayum briefed the
Minister about organization, functions and on-going projects of the
Ministry.
The Minister was pleased to know that Pakistan has a high success rate
with regard to Oil and Gas exploration.
The Minister also took note of the huge potential of development of
mineral wealth i.e. coal and copper. He took special interest in all the
projects aimed at developing mineral in the Country.
The Minster said that the energy is the life line of the economy and
stated that Ministry of Petroleum and Natural Resources would make
consorted efforts for the development of energy resources in the
Country.
The Minister welcomed the indication that Indian Petroleum Minister
would likely to visit Pakistan to discuss matters of mutual interest.
The meeting was also attended by Addl. Secy (P&NR), DG (Mineral), DG
(Oil), DG (Gas), DG (Admin), DG (Hydro carbon Development), MD Inter
State Gas System and other officials of the Ministry. |