ISLAMABAD: Pakistan and China have agreed to include four key projects foroil and gas cooperation including finalisation of feasibility study onSouth North Gas Pipeline Project by Power China International Group ofCompanies, reported *The News*.
A meeting was held between high level representatives from both sides,sources quoted in the report said.
Both sides appreciated the work of the Joint Experts Panels of Oil & GasSub working group attached to the China Pakistan Economic Corridor(CPEC) energy sector and towards completion of the “Pakistan Oil and GasIndustry Development Plan Report” which will provide effective guidance forthe development of the Oil and Gas Industry in Pakistan with emphasis onpetrochemical industry refinery, oil and gas exploration includingconducting seismic survey and pipeline projects, according to the report.
Given the proposed projects to be helpful in development of oil and gasindustry, the official said both sides agreed that these projects will beincluded in the “Development Plan for Pakistan Oil and Gas Industry”.
Both sides agreed to make the Development Plan more actionable for qualitydevelopment of CPEC with ready projects.
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Interested parties will conduct feasibilities and place before the nextEnergy Planning Expert Panel for review.
According tot he published report, both sides agreed that other projectsdiscussed in the Experts Panel and Joint Energy Working Group meetingsrequire further study and feasibility work before they can be formallyincluded in the process”.
