Prime Minister witnesses MoU between Puma Energy and Admore Group

News Image

MG News | August 26, 2017 at 11:16 AM GMT+05:00

0:00

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.

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,360.00 119,440.00
118,145.00
65.00
0.05%
BRENT CRUDE 72.87 73.17
71.75
0.36
0.50%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.61 69.79
68.45
0.40
0.58%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

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