Monday, February 26, 2024

Pakistan has abundant natural resources: Caretaker PM

Pakistan has abundant natural resources: Caretaker PM
January 31, 2024 Web Desk

ISLAMABAD (APP) - Caretaker Prime Minister Anwaarul Haq Kakar on Tuesday, while pointing to the abundant natural resources in the country, underlined the need for concerted efforts to explore onshore and offshore oil and gas reserves.

He was addressing the Petroleum Conference 2024  as the chief guest. Chief of the Army Staff General Syed Asim Munir was the guest of honour.

The prime minister affirmed the government’s readiness to contribute in infrastructure development, logistics, and security to bolster exploration and production efforts.

He further stated that the conference reflected a collective commitment to fully utilise the immense mineral potential so as to ensure energy self-sufficiency and transform Pakistan into a regional exporter of energy.

He appreciated the Special Investment Facilitation Council (SIFC) and the Federal Ministry of Energy for fostering an investor-friendly environment by streamlining regulations and procedures.

Kuwait Foreign Petroleum Exploration Company Country Manager Ali Taha Al-Temimi appreciated unrelenting efforts of the Government of Pakistan in bringing the stakeholders together for formulating policy recommendations and boosting investment in the petroleum sector.

Provincial chief ministers, minister for energy, secretary petroleum, government representatives, policy makers, foreign and domestic investors from the energy and petroleum (E&P) sector and international delegates also attended the conference.