Oil and gas sector: KPOGCL, Russian company sign MoU

'It is also a positive indicator of the improved security situation in K-P'

PESHAWAR: Khyber-Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) and Eriell Oilfield Services, a Russian company that specialises in providing drilling and construction services to oil and gas companies, have signed a Memorandum of Understanding for joint collaboration in projects pertaining to the oil and gas sector in the country.

According to a statement issued on Friday, the interest of Russian companies to invest in Khyber-Pakhtunkhwa (K-P) highlighted that international firms were keen for investments in projects of mutual interests. It was also a positive indicator of the improved security situation in the province, the statement added.

KPOGCL Chief Executive Officer Razi Uddin Razi and DilshodAkhmedov from Eriell Oilfield services signed the MoU. Razi stated that FC platoons are especially being posted to give security to all local and international investors working in K-P.

Published in The Express Tribune, September 30^th, 2017.

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