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Islamabad: Deputy Prime Minister Ishaq Dar has reaffirmed the government’s commitment to creating a secure, investment-friendly environment for the Exploration and Production sector to further strengthen Pakistan’s energy security and bolster economic growth. He chaired a high-level meeting on the sector in Islamabad, underscoring the government’s dedication to this critical area.
According to Radio Pakistan, the meeting saw participation from ministers, senior officials from various ministries, and industry stakeholders who engaged in discussions on long-term energy planning. The focus was on optimizing domestic oil and gas exploration, advancing both offshore and onshore drilling, and ensuring uninterrupted gas availability for industries and consumers.
Deputy Prime Minister Ishaq Dar emphasized the importance of the upcoming offshore and onshore bidding round, viewing it as a significant step towards unlocking Pakistan’s hydrocarbon potential. This move is expected to attract substantial investment, further enhancing the country’s energy capabilities.