A Chinese delegation led by Li Tong, Chief Executive Officer/Chairperson, Bank of China International called on Federal Minister for Petroleum & Natural Resources Shahid Khaqan Abbasi here on Tuesday.
The delegation comprised the representatives of M/s China Tianrui Group, M/s. Metallurgical Corporation of China, M/s BOC International Holdings Limited, M/s GCL-Poly Energy Holdings Limited and M/s Shandong Hi-Speed Group Co is on a four day visit to Pakistan to look into the investment opportunities available in Pakistan.
Federal Minister for Petroleum & Natural Resources Shahid Khaqan Abbasi briefed the delegation on the energy sector of Pakistan, its ongoing projects and the projects in the pipeline. He informed the delegation that the present government in Pakistan is committed to coping with the energy crisis, the country is currently facing. In this direction, the government has initiated a number of new projects in the energy sector, like, import of LNG, installation of re-gasification terminals and to laying down new pipelines for transportation of the fuel from the southern ports to the upcountry.
He also appraised the delegation of the opportunities available in the oil and gas exploration and the establishment of oil refineries in Pakistan's coastal areas and benefits attached with it. The Chinese delegation appreciated Pakistan's investment friendly regime and took a keen interest to invest in the energy sector of Pakistan. The delegates expressed their resolve to capitalise from the investment opportunities offered by the government of Pakistan especially in the projects linked with the import of the LNG. The delegates also showed an interest in the mineral sector of Pakistan.
The minister pledged to extend every possible assistance and co-operation to the Chinese companies and investors, willing to take up projects in Pakistan. Secretary Petroleum Abid Saeed, Additional Secretary, all DG of relevant sections and other senior officials also attended the meeting.-PR
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