Times of Islamabad

China to make entry into oil and gas exploration in Pakistan

China to make entry into oil and gas exploration in Pakistan

ISLAMABAD – Pakistan, and China on Friday reiterated their resolve tofurther strengthen bilateral cooperation in oil and gas exploration sectorfor meeting ever-growing energy needs of the former.

During a meeting between Chinese ambassador to Pakistan Yao Jing andMinister for Petroleum and Natural Resources Ghulam Sarwar Khan, both sidesagreed to make the joint working group on oil and gas a more vibrant body,a Petroleum Division press release said.

The envoy assured the minister to motivate Chinese investors to invest inoil and gas sector of Pakistan for exploring hydrocarbon deposits inpotential areas.

Ghulam Sarwar said Pakistan would provide all possible assistance andcooperation to interested Chinese investors in the sector so that theycould work in a conducive business environment.

He said China Pakistan Economic Corridor was the symbol of all-weatherfriendship between the two countries.

The two sides also discussed matters related to the South-North gaspipeline project.