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UAE keen on further investment in Pakistan’s energy sector
Business
February 18, 2021
ISLAMABAD: United Arab Emirates (UAE) on Wednesday expressed interest in furthering investment in Pakistan’s energy sector to improve economic cooperation between the two countries.
UAE Ambassador in Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi, during a meeting with Energy Minister Omar Ayub, said the collaboration in energy sector will provide an impetus to bilateral economic ties.
The meeting discussed the ongoing cooperation in the petroleum sector and explored the priority areas of mutual interest in the energy sector.
Separately, Ayub also met Ambassador of Republic of Czech in Pakistan Tomas Smetanka. The Czech Ambassador explored the areas of mutual discussion in energy sector including investment in oil sector and business in liquefied natural gas supply chain for group of Czech companies visiting Pakistan by end of March.
Government aims to diversify energy market
Energy minister discusses cooperation with UAE and Saudi Arabia
ISLAMABAD:
The government is fully committed to diversifying the outlook of energy market while making it more competitive and efficient, declared Federal Minister for Energy Omar Ayub Khan.
In a meeting with Ambassador of United Arab Emirates to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi on Wednesday, the minister highlighted the policies adopted by the government of Pakistan to revamp the energy sector, including those being followed in the oil and gas field.
Khan praised the UAE for its cooperation in Pakistan’s energy sector, saying Islamabad greatly valued its economic relations with the Middle Eastern nation.
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