Oil and gas: US firm shows interest in setting up refinery
Investors meet petroleum minister.
ISLAMABAD:
Northfield Commodities, a US energy trading firm, has expressed interest in setting up a refinery in Pakistan.
This was discussed by the representatives of the commodities company along with other investors in their meeting with Federal Minister of Petroleum and Natural Resources Syed Naveed Qamar here on Monday.
Qamar apprised the delegation that a number of infrastructure projects in the oil and gas sector were underway that could benefit from capital financing solutions offered by investors.
Qamar urged the investors to avail of the benefit of an investor-friendly environment in the country and invest in the oil and gas sector.
The delegation comprised Rex Wempen and William Murray of Northfield Commodities, Oppenheimer North America Vice President Tim Furey and Olorin Group CEO Stephen Graves.
Published in The Express Tribune, February 1st, 2011.
Northfield Commodities, a US energy trading firm, has expressed interest in setting up a refinery in Pakistan.
This was discussed by the representatives of the commodities company along with other investors in their meeting with Federal Minister of Petroleum and Natural Resources Syed Naveed Qamar here on Monday.
Qamar apprised the delegation that a number of infrastructure projects in the oil and gas sector were underway that could benefit from capital financing solutions offered by investors.
Qamar urged the investors to avail of the benefit of an investor-friendly environment in the country and invest in the oil and gas sector.
The delegation comprised Rex Wempen and William Murray of Northfield Commodities, Oppenheimer North America Vice President Tim Furey and Olorin Group CEO Stephen Graves.
Published in The Express Tribune, February 1st, 2011.