Govt, OICCI discuss energy priorities, economic stability

News Image

By MG News | May 30, 2025 at 03:00 PM GMT+05:00

0:00

May 30, 2025 (MLN): Pakistan reaffirmed its dedication to structural reforms in the energy sector and long-term economic stability during an interactive session between Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, and senior representatives of the Overseas Investors Chamber of Commerce and Industry (OICCI).

The minister highlighted the government’s commitment to accelerated policy execution and deeper engagement with industry stakeholders, as per the press release issued today.

He underscored investment opportunities across upstream exploration, pipeline development, and downstream processing, aligning these priorities with the global transition to cleaner energy sources.

He also pointed to recent successes in attracting foreign direct investment in the mining sector, which aim to unlock Pakistan’s natural resources and support future export growth and industrial diversification.

OICCI President and Faysal Bank CEO, Yousaf Hussain, stressed the need for consistent policies, technocratic execution, and a collaborative roadmap to foster sustainable economic growth.

He emphasized that strengthened cooperation between the government, OICCI, and industry will be crucial for policy implementation and boosting investor confidence.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 124,379.07
220.31M
1.91%
2332.60
ALLSHR 77,679.82
768.94M
1.80%
1376.61
KSE30 37,915.73
105.69M
1.92%
713.35
KMI30 184,872.78
113.74M
1.90%
3446.47
KMIALLSHR 53,473.19
418.85M
1.75%
921.24
BKTi 31,363.74
21.26M
1.66%
510.82
OGTi 27,886.19
21.80M
1.53%
419.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,305.00 108,580.00
107,145.00
-970.00
-0.90%
BRENT CRUDE 68.04 68.38
67.82
0.31
0.46%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-2.90
-3.19%
ROTTERDAM COAL MONTHLY 103.90 103.90
103.90
0.70
0.68%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.60 65.94
65.23
0.36
0.55%
SUGAR #11 WORLD 16.67 16.74
16.39
0.25
1.52%

Chart of the Day


Latest News
June 27, 2025 at 06:04 PM GMT+05:00

Govt pledges reforms for State-Owned Enterprises


June 27, 2025 at 05:44 PM GMT+05:00

Gold price in Pakistan falls Rs5,000 per tola


June 27, 2025 at 05:33 PM GMT+05:00

TRG shareholders to receive tendered shares back



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg