Oil & Gas exploration, production activities to bring rapid socio-economic progress

PESHAWAR: Khyber Pakhtunkhwa Minister for Transport and Railway, Shah Muhammad Khan Wazir has said that Oil & Gas exploration and production activities would not only bring rapid socio-economic progress and prosperity for the people of the province but it would also help to generate employment opportunities for the youth of the area to greater extent.

He said this during his visit to base camp of Lakki Exploration block, said a press release issued here on Thursday.

The Minister said that Almighty Allah has blessed KP Province with heavy deposits of hydrocarbon and minerals and the Provincial Government has created investor-friendly environment and was offering them a package of incentives to accelerate the oil & gas exploration and production activities.

The Minister said that in four years after creation of Khyber Pakhtunkhwa Oil & Gas Company Limited KPOGCL, the oil and exploration and production activities in the province were increased manifold first time in our history.

He prayed all success for the E&P Companies engaged in oil and gas exploration and production activities in the KP province and assured them all out cooperation of the provincial government in this regard.

On this occasion, KPOGCL DMD Maj. Muhammad Aslam Khattak briefed the Minister about the setting up of base camp for commencing Lakki Block Exploration.

Commissioner Bannu Abdul Jabbar and senior officials of district administration were also present.