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A Russian delegation headed by Russia's Deputy Energy Minister Anatoli Tikhinov held a bilateral meeting with Minister for Energy Omar Ayub Khan and Nadeem Babar, Special Assistant to Prime Minister on Petroleum, here on Tuesday. The visiting delegation is here for the 7th JCC session on the North South Gas Pipeline.

While welcoming Anatoli Tikhinov to Pakistan, Omar Ayub Khan stressed on the need to make the North South Gas Pipeline Project transparent, financially viable and to the mutual benefit of both, Pakistan and Russia. He termed the project as a flagship project of cooperation between both the countries particularly in the commercial and energy sphere.

Nadeem Babar gave an overview of Pakistan's energy situation highlighting the infrastructure projects the current government plans to undertake to ensure supply/security of oil-gas in the country. He termed the North South Gas Pipeline as a stepping stone towards greater cooperation between Pakistan and Russia in the energy sector. He also welcomed Russian interest in the E&P sector of Pakistan including the government's planned auction of 18 blocks this month.

The SAPM emphasized transparency, financial viability of the North South Gas Pipeline Project and shared Prime Minister Imran Khan's desire to see the project's successful execution.

The Russian deputy minister thanked the Pakistani side for the gracious welcome given to him and his delegation. He, too, termed the North South Gas Pipeline Project as an important milestone in bilateral relations between both the countries and Russia's desire to expand relations with Pakistan in all fields including energy. He agreed that the project must be financially viable and to the benefit of both countries.

The minister hoped that such cooperation between both the countries shall continue in the coming time.-PR

Copyright Business Recorder, 2020

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