The Petroleum Institute of Pakistan (PIP) has organised a Strategic Workshop here on December 22, 2011. The event was presided over by Chairman PIP and Managing Director (MD) and Chief Executive Officer (CEO), Pakistan Petroleum Limited Asim Murtaza Khan, to address the growing energy crisis in the country on the basis of recommendations in PIP's 15-year Pakistan Energy Outlook (PEO) document published earlier this year.
The CEO, PIP Saleem Piracha and representatives of leading up-and downstream oil and gas companies participated in the workshop. In his opening address, the Chairman stressed on PIP's role as an effective energy sector think-tank, supporting government and industry in Pakistan to develop a progressive and sustainable roadmap to meet present and future challenges. Instead of re-inventing the wheel, he opined, local industry should learn from successful energy models in other countries through collaboration with reputable international institutions and stakeholders.
The main recommendations of the workshop included updating the 15-year PEO document bi-annually, holding the next Pakistan Energy Conference in 2013, undertaking special sector policy studies and position papers on important energy-related issues for review by government and industry and working closely with international organisations to benefit from lessons learned by other countries. The need for proactive communication by PIP with government, industry, media and other stakeholders was also stressed.
PIP was established in 1963, as a professional institute representing the oil and gas sector in Pakistan with the vision to serve as an advisory body for government, industry and academia to further national development objectives. The institute's membership comprises a range of national and international oil and gas companies operating in Pakistan. PIP is also the country representative of major international bodies such as the World Petroleum Council and the International Gas Union.-PR
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