‘Oil, gas exploration to bring rapid development’

PESHAWAR: Khyber Pakhtunkhwa Minister for Transport and Railways Shah Muhammad Khan Wazir has said oil, gas exploration and production activities would not only bring rapid socio-economic progress and prosperity for the people of the province but also help generate employment opportunities.

He said this during his visit to base camp of Lakki Exploration block on Thursday, said a press release.

The minister said Allah had blessed the KP with heavy deposits of hydrocarbon and minerals. He said the provincial government had created investor-friendly environment and was offering them a package of incentives to accelerate the oil, gas exploration and production activities.

Shah Muhammad Khan Wazir said the creation of Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) four years ago increased manifold oil and exploration and production activities in the province. He wished success to the companies engaged in oil, gas exploration and production activities in the KP province and assured them all-out cooperation of the provincial government.