|
Pakistan seeks LNG supply from Qatar
By Asad Cheema
ISLAMABAD—Pakistan needs Liquefied Natural Gas (LNG) supply to Sui
Southern Gas Company Limited’s (SSGCL) terminals to meet with the
pressing energy demand and to overcome the shortage in the country
through this alternate source of energy.
Syed Naveed Qamar Federal Minister for Privatisation, Investment, Ports,
Shipping, Industries & Production expressed these views during a meeting
with Mr. Hamad Ali Al-Hinzab Qatari Ambassador to Pakistan who called on
him here on Monday
The Minister appreciated the role of Qatari investors towards
contributing in the economy of Pakistan and said that any investment
from Qatari Business Groups/ investors in Pakistan would be fully
supported by the people of Pakistan in view of the strong brotherly
relations between both the countries. It would also provide an
opportunity to the business groups of both the countries to identify the
new avenues for enhancing the existing economic relations, which
required exchange of investors groups of both the countries, he said.
Syed Naveed Qamar informed the envoy regarding Pakistan’s Privatisation
Policy, Process and the Program. He said that there was a need to
accelerate our efforts to further transform and strengthen our close
relations into commercial interaction. Pakistan is the most promising
area in the region for the local and foreign investors for business
activity in almost all the sectors. Pakistan would continue to provide
new investment avenues with remarkable incentives for the private sector
in the region, he added. The Minister assured maximum support both at
Federal and Provincial levels for materializing the investment projects
of the Qatari investors on fast track basis in Pakistan and also to
remove all sorts of bottlenecks in the process.
Qatari Ambassador to Pakistan Mr. Hamad Ali Al-Hinzab said that that the
Government of Qatar shares an excellent rapport with the Government in
place and intended to expand its cooperation both on economic and
political fronts for mutual growth and benefit of both the countries. He
also apprised the Minister that the Qatar Government’s cement project
was at initial phase and a delegation has recently visited Pakistan to
discuss and finalize important matters and modalities with the
Government of Sindh. Pakistan has vast resources and potential for
investment activity and Qatari Business groups/ Companies were keen to
take part in the privatisation of Pakistan and to focus on the
investment opportunities such as the Live Stock and milk processing
sectors of Pakistan, which would generate job opportunities at home, he
said. |