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Federal Minister for Petroleum & Natural Resources Dr Asim Hussain has said that Pakistan needs to meet its energy demands immediately and for this all options are to be availed. He was talking to US Ambassador to Pakistan, Cameron Munter, who called on him, here on Wednesday. Secretary Petroleum Natural Resources Muhammad Ejaz Chaudhry also attended the meeting.
Hussain said that the US was a strategic partner in the war against terrorism and also in economic development. Pakistan has always maintained good relations with the US in economic, social and technological fields.
He emphasised upon Pakistan's immediate requirement to fulfil energy demands and said that the government was working on various solutions to provide relief to indigenous consumers. The federal minister informed that the Ministry of Petroleum & Natural Resources was always open to tangible options and both long-term and short-term feasible proposals were considered and given due importance.
The minister further said that the government of Pakistan was brining new petroleum exploration and production policy, in which attractive investment options had been incorporated. He expressed his confidence that US oil & gas companies would invest in Pakistan under the new policy.-PR

Copyright Business Recorder, 2012

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