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Chief Executive of Ukrainian Petroleum Company CAI, Victor A Mayko on Thursday called on Minister for Petroleum, Chaudhry Nouraiz Shakoor Khan and discussed investment prospects in Pakistan's oil and gas sector.
While welcoming the Ukrainian delegation, the minister said enormous potential and tremendous opportunities existed for foreign investors in the country's oil and gas sector.
He invited Ukrainian investors to invest in gas storage, LPG terminal and upcoming regional gas pipeline projects.
Nouraiz Shakoor said that government offered an attractive package of incentives for investors in offshore and onshore oil and gas exploration and Ukrainian investors could also take full advantage of the offer.
The Chief Executive of CAI, currently visiting Pakistan as head of 8-member delegation, thanked the minister for a warm welcome and expressed his company's desire to invest in Pakistan's oil and gas sector.
Managing Director OGDCL, Najam Kamal Hyder, Joint Secretary Development, Ministry of Petroleum and Natural Resources Naeem Baig were also present on the occasion.

Copyright Associated Press of Pakistan, 2004

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