Govt Taking Steps To Resolve Country's Major Issues: Minister
Sumaira FH Published December 09, 2018 | 09:45 PM
ISLAMABAD, Dec 9 (UrduPoint / Pakistan Point News - 9th Dec, 2018 ) :Minister for Petroleum Ghulam Sarwar Khan Sunday said that the incumbent government was making all-out efforts to end shortage of energy,strengthening national economy and water issue wisely under the leadership of Prime Minister Imran Khan.
Talking to a private news channel, the minister said demand of petroleum products were increasing gradually but production was decreasing so the government had decided to enhance the exploration, for this purpose government facilitating the exploration companies.
He said Pakistan Muslim League-Nawaz government had not issued a single license to any company for exploring the new avenue of petroleum products.
Gulam Serwar Khan said that the government had fixed its direction in first100 days and people would witness visible improvement in all sectors with the passage of time.
He said as per vision of Prime Minister Imran Khan, the government was working on drafting of petroleum policy.
It will be a uniformed policy, which will bring a major changes in the areas of oil and gas adding 2012 petroleum policy was existing in the country.
The ministry will also award 10 new blocks for exploration in different oil and gas potential areas through open biding, he said.
With the award of 10 more exploration blocks, he said, the country would witness a remarkable increase in oil and gas exploration activities, which would help to meet energy demand.
He said Pakistan had rich oil reserves that would be given attention and be explored in order to improve local production. Efforts will also be made to improve the local production of refined and crude petroleum products.
To a question he said the government had decided to give adequate representation to provinces in boards of directors of 15 companies working under Ministry of Petroleum as previous government had neglected provinces.
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