Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar, Wednesday, reaffirmed that increasing domestic oil and gas production remained a key priority of the Government’s energy security agenda and assured full support to provide a secure and enabling environment for the sector.
The DPM/FM chaired a meeting of the Committee on the Exploration and Production (E&P) sector.
The committee reviewed progress on key initiatives and was briefed on ongoing offshore and onshore exploration activities, existing challenges, and reforms in the gas sector, including the completion of studies to support its long-term development, Office of the DPM said in a press release.
The meeting was attended by the Minister for Petroleum, Minister for Maritime Affairs, SAPM Tariq Bajwa, senior officials from relevant ministries, and heads of leading E&P companies.
Deputy Prime Minister/Foreign Minister was also briefed on efforts to settle circular debt and optimize LNG supplies through indigenous exploration and production.
Appreciating the constructive contribution of all stakeholders, the DPM/FM emphasized the need for enhanced coordination to address existing challenges expeditiously.
