Chief Financial Officer (CFO) Shell Royal Dutch Group, Simon Henry called on Federal Minister of Petroleum and Natural Resources, Syed Naveed Qamar here on Monday, as part of his (Henry) visit to Pakistan and the Asia-Pacific region. Syed Naveed Qamar appreciated the role of Shell Pakistan Limited, which has since long been operating as an important oil marketing company in the country, adding the country was opting for a multi-pronged strategy including energy from various sources to meet its escalating energy demands.
However in view of the current energy scenario of the country, Liquefied Natural Gas (LNG) was one of the viable options that appeared inevitable for fulfilling the energy needs of Pakistan, he added. Syed Naveed Qamar reiterated that Pakistan offered an enabling environment for LNG import to all interested companies with the country having an extensive gas network infrastructure, a market with a growing energy demand, and an open policy supporting gas import from the private sector as well.
Simon Henry expressed his company's interest in the natural gas import business in Pakistan and viewed the world market as presenting a window of opportunity, which Pakistan could avail to meet its energy shortfall. Syed Naveed Qamar also praised Shell's contribution for flood relief efforts in the country that would also go toward developing new schools in flood affected areas and distributing thousands of books to children who were unable to go to school due to the floods.-PR