‘Oil exploration accelerates in K-P’

Will help generate employment opportunities for the youth


APP August 04, 2017
PHOTO: REUTERS

PESHAWAR: Oil and gas exploration and production activities will not only bring rapid socio-economic progress and prosperity for the people of Khyber-Pakhtunkhwa (K-P), but they will also help generate employment opportunities for the youth, said K-P Minister for Transport and Railway Shah Muhammad Khan Wazir. During his visit to the base camp of Lakki exploration block, he said K-P was blessed with rich deposits of hydrocarbon and minerals, adding the government had created a friendly environment by offering investors incentives to accelerate oil and gas exploration and production activities. The minister said in the four years after the creation of Khyber-Pakhtunkhwa Oil & Gas Company Limited (KPOGCL), exploration activities in the province had increased manifold. He assured the firms engaged in exploration of all-out cooperation.

Published in The Express Tribune, August 4th, 2017.

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COMMENTS (1)

asad | 7 years ago | Reply what is the %age increase in production; new wells drilling, new entrants in the business etc since creation of new company. these stats should help in gauging the value added by new company
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