ISLAMABAD – There is a lot of potential of investment in rich oil and gassector of Pakistan, we have abundant natural resources which can beutilized to the advantage for both the investor and the country itself.
This was stated by the chairperson of Oil Gas & Regularity Authority,(OGRA), Uzma Adil, while addressing the audience at 14th Internationalenergy conference, held at expo centre Lahore in concurrence with three dayexhibition, POGEE-2018.“For local and foreign investors, OGRA is here to facilitate all thelicensees and safe guard their interests”, she added.
The main theme of the conference was “Transforming Energy into SustainableGrowth”, which was aimed at bringing in south Asia’s energy industry intothe limelight.
The two sessions of the conference i.e. “Energy Transition, Powering theFuture” and “Coal & Renewable Energy for Sustainable Development”, offeredan excellent platform for the exchange of views and information to thehighly targeted audience from oil, gas and energy Industry.The main theme of the conference was, “Transforming Energy into SustainableGrowth”, which was aimed to bringing in south Asia’s energy industry intothe limelight.
The two sessions of the conference i.e. “Energy Transition: Powering theFuture” and “Coal & Renewable Energy for Sustainable Development”, offeredan excellent platform for the exchange of views and information to thehighly targeted audience from oil, gas and energy Industry.
Eminent speakers participated from both local and internationalorganizations, associations ad institutes, i.e. Schneider Electric, UAE,King Abdul Aziz University, Saudia Araia, Private Power and InfrastructureBoard (PPIB), Punjab Energy Efficiency and Conservation Agency, (PEECA),Oil And Gas Regulatory Authority (OGRA), Pakistan Council of RenewableEnergy Technologies (PCRET), Alternative Energy Development Board, (AEDB),Sindh Lakhra Coal Mining Company (Pvt.) Ltd, Punjab Power Management Unit(PPMU), FFC Energy Limited. According to the organizers, “The exhibitorshave negotiated deals worth millions of dollars during the three-days,while scores of inquiries were received by the companies.
Chinese manufacturers were the busiest dealers on the penultimate day ofthree day extravaganza as they offered cheaper technology in wind and solarpower sector. Most number of trade inquiries and orders were negotiated insolar power sector besides supply of power components.
The presence of foreign exhibitors at the exhibition view Pakistan as apotential market for this sector as the local market has become qualityconscious and are investing in latest technology, showed keen interest inquality products.