ISLAMABAD: Finance Minister Ishaq Dar on Saturday directed Adviser to the Ministry of Petroleum and Natural Resources and Chairman OGDCL Zahid Muzaffar to adopt an aggressive marketing strategy to attract foreign investment in the light of new incentives given in the Finance Bill 2014-15. During a meeting convened to discuss issues related to foreign direct investment in oil and gas sector, the finance minister said that a comprehensive strategy and vision was required to overcome the energy crisis and to increase the oil and gas production significantly in order to operate it on international standards. He said that Pakistan was an under explored country where only 44% area is explored whereas the success rate is much higher as compared to other regions including Middle East.
Published in The Express Tribune, June 8th, 2014.
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