PM directs local companies to expedite exploration work in Oil and Gas sectors

March 11, 2019: Prime Minister Imran Khan has directed the local companies to expedite their exploration work in the oil and gas sectors.

He was presiding over a meeting held to review issues pertaining to petroleum sector in Islamabad today. 

The Prime Minister directed Petroleum Division to extend every possible assistance to foreign companies working in this sector.

He also directed to digitalize all the system and removal of unnecessary hurdles to ensure completion of every project in the oil and gas sector in the allotted time.

Prime Minister said nature has given oil and gas reserves beside other minerals to Pakistan and we can take benefit of these by their exploration and usage.

Imran Khan said unfortunately, previous governments concentrated on import of precious fuel items instead of exploration in the oil and gas reserves. He said this phenomenon affected the industrial sector and also put an extra burden on the masses.

Prime Minister directed to provide complete security to foreign companies attached with exploration of Oil and Gas sector.

It was decided in the meeting to set up a task force for the security of foreign companies in this sector.

The Prime Minister was given a detailed briefing about the unnecessary hurdles in the exploration of oil and gas wells.

The meeting was attended by Finance Minister Asad Umar, Petroleum Minister Ghulam Sarwar, Special Assistant to Prime Minister Iftikhar Durrani, Secretary Petroleum and other senior officials of the Ministry.