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ISLAMABAD: Japanese Ambassador to Pakistan Mastuda Kuinori called on Nadeem Babar, Special Assistant to the Prime Minister on Petroleum on Monday. Nadeem Babar shared key areas of cooperation in energy and petroleum sector between the two countries.

The SAPM discussed oil and gas policy in line with the particular areas of opportunities, which includes exploration and production activities, construction of new LNG terminals, expansion of LPG sector, and setting up of oil marketing strategic storage and trading hub in near future.

Babar said these incremental steps would revolutionise the petroleum sector of the country by opening it up for private sector. The SAPM hoped that Japanese companies and investors would extend their business interests in light of our new policies and improved ease-of-doing-business steps in the petroleum sector of Pakistan.

The ambassador expressed his pleasure at opening up of oil and gas sectors and commended the improved ease of doing business environment in the country. He also stressed the need for regional connectivity for cooperation in the energy sector.

Copyright Business Recorder, 2020

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