ISLAMABAD: Minister for Petroleum Omar Ayub Khan on Saturday said the PTI-led government would announce a new oil and gas exploration and production policy in a next few months.
He said they would also initiate auction of 40 new oil and gas blocks from December this year. This would generate good activity in oil and gas sector.
Ayub said the groundbreaking of Khalifa Point Refinery project would be performed by the end of this year. This $8 billion project was a joint venture of Pak Arab Refinery Company (PARCO) and the United Arab Emirates. The minister said the refinery would have the output capacity of 250,000 barrels/day.
The Securities and Exchange Commission of Pakistan logo. — APP/File ISLAMABAD: The three-day capacity building...
The image shows the logo of the Securities and Exchange Commission of Pakistan . — APP/FileISLAMABAD: The Securities...
The picture shows a logo of Federation of Pakistan Chambers of Commerce & Industry . — APP/FileKARACHI: The...
This image released on July 14, 2023, shows the logo of InDrive. — Facebook/inDriveKARACHI: inDrive, a ride-hailing...
Gold bars can be seen in this image. — AFP/FileKARACHI: Gold prices increased by Rs2,500 per tola on Friday in the...
This photo illustration shows Japanese 10,000 yen banknotes in Tokyo on November 19, 2021. — AFPTokyo: The yen...