Energy demand: Pakistan for expediting LNG import from Yemen

Yemen minister for industry meets President Hussain.

ISLAMABAD: President Mamnoon Hussain on Tuesday invited investment from Yemen in the energy, oil and gas sectors, urging the two sides to move for early finalisation of arrangements for import of liquid natural gas (LNG) from Yemen.

In a meeting with the visiting Yemeni Minister for Industry and Trade Dr Saadaldeen Ali Salim Talib, Hussain said the expeditious finalisation of import of LNG from Yemen would help Pakistan cope with energy issues and bolster trade and commercial ties between the two countries. Both sides discussed bilateral relations and matters of mutual interest.

Welcoming the Yemeni minister and the accompanying delegation on their visit to Pakistan in connection with the meeting of the Joint Ministerial Commission, the president hoped that the visit would prove instrumental in further enhancing existing bilateral relations between the two countries, particularly trade and commercial ties.

The president said that Pakistan valued its cordial relations with Yemen and desired to further strengthen bilateral cooperation in diverse fields for the mutual benefit of the people of both countries.

He emphasised the need for concerted steps from both sides to boost bilateral trade volume through increased cooperation in various sectors. Highlighting the growing energy requirements of Pakistan, Hussain said that the government was offering incentive packages for investment in power and energy sectors to meet growing challenges of energy in the country.

Dr Talib said that Yemen attached importance to its relations with Pakistan and was keen to explore ways and means to further enhance bilateral trade and commercial ties.

Published in The Express Tribune, January 8^th, 2014.

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