MULTAN: International oil and gas companies along with some leading investors are interested in Pakistan’s promising gas sector which is a very healthy sign.
All Pakistan CNG Association (APCNGA) central leader Ghias Paracha said said this in a statement issued here Sunday. He said that the confidence of investors is rising which will help government to bridge gas shortfall. US, Russia, China, UAE and Singapore have realised Pakistan’s interest in gas sector and explore opportunities in import, terminals and pipelines, said Paracha.
He said that government was framing policy for gas import which will relieve government’s burden, reduce prices as compare to petrol and allow CNG sector to work as per the market mechanism.
Completion of LNG project and terminals would surely help settle the energy crisis said Parach and added that streamlining gas imports would benefit Urea, CNG and other sectors, which will trigger economic growth while providing economical fuel to motorists.
