
ISLAMABAD, (MANEND NEWS): Minister for Energy Omar Ayub Khan
says the government is focusing on energy projects under new
renewable energy policy to harness local resources for power
generation.
Talking to Ambassador of the Kingdom of Saudi Arabia Nawaf bin Said
Ahmed Al-Malki in Islamabad on Wednesday, he said revival of
exploration and production activities in oil and gas sector would attract
investment in the country.
The Minister also apprised the envoy about the progress of various
energy projects in lieu of investment-friendly policies introduced by
current government in diverse fields for thriving economic
development of Pakistan.
He said the diversified market of energy sector is one of the prime
investment destination to boost the economic growth of the country.
The Ambassador of the Kingdom of Saudi Arabia stressed that the
kingdom would continue to work with Pakistan for strengthening
bilateral relations between the two brotherly countries.
Both sides deliberated upon joint ventures by Pakistan and the
Kingdom in the petroleum and energy sector.
Special Assistant to Prime Minister on Petroleum Nadeem Babar and Ali
Raza Bhutta were also present in the meeting.