Times of Islamabad

Oil and gas discoveries in Pakistan: Saudi Arabia to make huge investment

Oil and gas discoveries in Pakistan: Saudi Arabia to make huge investment

ISLAMABAD – Saudi Arabia will make Rs 30 billion investment in Pakistanfor discovery of the oil and gas sector in Pakistan.

Information Minister Fawad Chaudhry was addressing a press conference inIslamabad after attending a federal cabinet meeting.

The information minister said that the cabinet has given approval for theagreements between Pakistan and Saudi Arabia. “Saudi Arabia is going to dohuge investment in Pakistan,” said Fawad Ch.

Fawad Chaudhry said “Saudi Arabia will make an investment of Rs 30 billionin Pakistan pertaining to the discovery of oil and gas.”