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Islamabad: Pakistan’s energy minister discussed the prospect of new energy projects and joint ventures in the oil and gas sector with the envoys of the United Arab Emirates and Saudi Arabia in Islamabad.
Pakistan is currently focusing on energy projects under its new renewable energy policy to harness the local energy resources as well as the revival of exploration and production activities in the oil and gas sector to attract foreign investment and boost economic growth.
In a meeting with the UAE Ambassador Hamad Obaid Ibrahim Salem Al-Zaabi, Pakistan’s Federal Minister for Energy Minister Omar Ayub Khan reviewed progress on the current petroleum projects and discussed ways to further the Pak-UAE cooperation in the energy sector. “The collaboration in the energy sector would provide a fresh impetus to economic ties between the two brotherly countries” the UAE envoy said. The minister lauded the UAE’s cooperation in Pakistan’s energy sector and said that Islama ....

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