Petroleum Minister reiterates commitment to TAPI pipeline project

News Image

MG News | May 22, 2024 at 12:06 PM GMT+05:00

May 22, 2024 (MLN): Addressing an energy symposium on Tuesday, Minister for Petroleum, Musadik Masood Malik affirmed that Pakistan is pushing for the Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline project as it will provide less expensive gas.

Additionally, he said that the government has come up with multiple policies to enhance indigenous production of petroleum products including gas and crude oil.

Moreover, the government has put out blocks for bidding and is trying to attract global players in the exploration activities.

He further informed that Pakistan is open for business and is committed to completely digitizing the regulatory process in order to make it more transparent.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 181,430.02
376.06M
-0.19%
-346.57
ALLSHR 109,168.67
713.66M
-0.13%
-139.83
KSE30 54,263.26
125.13M
-0.24%
-128.56
KMI30 255,651.73
86.61M
-0.19%
-483.04
KMIALLSHR 69,991.04
446.60M
-0.05%
-33.30
BKTi 52,205.98
60.34M
-0.31%
-161.74
OGTi 35,363.45
11.64M
0.17%
60.63
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,920.00 66,020.00
64,290.00
300.00
0.46%
BRENT CRUDE 83.46 84.44
81.50
0.97
1.18%
RICHARDS BAY COAL MONTHLY 105.50 105.50
105.50
-0.25
-0.24%
ROTTERDAM COAL MONTHLY 116.25 117.00
116.25
-0.10
-0.09%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 78.10 78.77
76.53
0.81
1.05%
SUGAR #11 WORLD 16.49 16.50
15.49
0.92
5.91%

Chart of the Day


Latest News
August 07, 2026 at 10:14 PM GMT+05:00

Industrial giant FF Steel kicks off IPO journey


August 07, 2026 at 05:52 PM GMT+05:00

12 Investor consortiums submit EOIs for FESCO privatization


August 07, 2026 at 05:15 PM GMT+05:00

IFC backs Pakistan’s Novatex with $20m loan


August 07, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: A Minor Mark in Red


August 07, 2026 at 05:06 PM GMT+05:00

PKR extends gains, ends higher against USD



Top 5 things to watch in this week

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