Govt facilitating investors in energy sector, says PM Abbasi

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Friday said that government was facilitating investors in the energy sector and welcomes healthy competition.

He said that construction of new pipelines to transport fuel from Karachi to northern parts of the country and construction of the largest oil refinery in the country in Karachi were underway on a fast track.

The prime minister stated this on the occasion of the signing ceremony of joint venture MoU between Puma Energy and Admore Group, wherein Pierre Eladari, CEO Puma Energy, and Amir Waliuddin Chishti signed the MoU.

The prime minister said that Pakistan offered a sizeable consumer market for petroleum products that companies offering quality products were welcome and that the government was working on phased deregulation of the petroleum sector to attract investment and healthy competition along with quality service.

The prime minister congratulated  Puma Energy and Admore Group on signing the joint venture MoU and wished them success.

 

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