Prime Minister witnesses MoU between Puma Energy and Admore Group

On the occasion of the signing ceremony of joint venture MoU between Puma Energy and Admore Group, that was held in Islamabad today, the Prime Minister stated that the government is facilitating investors in the energy sector and welcomes healthy competition. He added that construction of new pipelines to transport fuel from Karachi to northern parts of the country and the largest oil refinery in the country at Karachi are underway on fast track.

The Prime Minister further stated that Pakistan offers a sizeable consumer market for petroleum products, that companies offering quality products are welcome and that the government is working on phased deregulation of the petroleum sector to attract investment and healthy competition along with quality service.

The Prime Minister congratulated M/s Puma Energy and M/s Admore Group on signing the joint venture MoU and wished them success.

Later the Prime Minister witnessed the signing ceremony wherein Mr. Pierre Eladari, CEO Puma Energy and Mr. Amir Waliuddin Chishti signed the MoU.