Oil and gas sector: Chinese group explores investment opportunities in K-P

Chinese investors were presented with pre-feasibility studies conducted by KPOGCL


APP July 21, 2017
PHOTO: REUTERS

PESHAWAR: A Chinese CCK Group delegation visited Khyber-Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) on Thursday, and held detailed discussions to explore investment opportunities in this sector.

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The Chinese delegation, led by Tao Ye, discussed prospects of cooperation in oil and gas projects with KPOGCL CEO Muhammad Raziuddin.

Raziuddin said that KPOGCL was committed to take the vision of the government forward and all necessary steps were being taken for the betterment and uplift of the province. He said that there existed a lot of investment opportunities in oil and gas projects and all technical and commercial terms were being looked upon closely.

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The Chinese investors were presented with pre-feasibility studies conducted by KPOGCL and all the relevant material to facilitate them to start detailed feasibility of the projects as per the MoU terms.

Published in The Express Tribune, July 21st, 2017.

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