Mitsubishi’s energy subsidiary looking to invest in Pakistan

ISLAMABAD: Minister for Petroleum and Natural Resources Ghulam Sarwar Khan has assured the foreign companies interested in investing in Pakistan’s gas sector that the government will extend all possible cooperation and facilities to them.

“All impediments in the way of expansion of the gas sector will be removed,” the minister emphasised while talking to a delegation of Mitsubishi Tabeer Energy, on Wednesday.

He said robust investment in the gas sector was the need of the hour due to ever-increasing energy needs in the country. After seeing a tremendous potential, the minister revealed, well-reputed international companies were in constant contact with the Petroleum Division for investment in the hydrocarbon sector.

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The country manager of Tabeer Energy Marketing, a subsidiary of Mitsubishi Corporation, expressed keen interest in investing in the gas sector of Pakistan and welcomed the offer of cooperation from the minister.

The delegation expressed confidence that Tabeer Energy would play an important role in meeting energy needs of Pakistan. The country manager said Pakistan had a great potential in hydrocarbon resources, which needed to be tapped efficiently.


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