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70 oil, gas discoveries made since 2013: NA told

byCT Report
28/02/2016
in Business
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ISLAMABAD: Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has informed the National Assembly that as many as 70 discoveries of oil and gas have been made in the country during the tenure of the present government.

During question hour, the minister said that the government has tripled the efforts of oil and gas exploration. He said Pakistan is importing LNG from Qatar on lowest prices in Asia. The Minister said with the import of LNG from Qatar, industries will get maximum gas.

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Abbasi said Pakistan has lifted sanctions against Iran and as soon as there is clarity in sanctions at international level, the work on Pak-Iran gas pipeline will be started. He said Pakistan is continuously in touch with government of Iran and counterpart Iranian gas company regarding developments on the project.

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