ISLAMABAD: Shehryar Omar, Chief Executive Officer of Petroleum Institute of Pakistan (PIP) has said that PIP is working to promote the development of the Oil & Gas sector in Pakistan through advocacy, capacity building, research, publications, conferences and seminars, and international engagement. Mr Omar stated this at an exclusive Leadership Roundtable session themed, ‘Global Policy: How Governments Are Shaping the Future of Gas and LNG’ here at the four-day Gastech 2023, recently concluded in Singapore. Gastech is an annual event and is the largest global exhibition and conference for Natural Gas, LNG, Hydrogen, climate technologies, and low-carbon solutions. In his speech, Mr Omar said, “That global leaders need to develop policy and funding frameworks that allow developing countries to transition towards cleaner energy usage as different countries are at different starting points in this transition process and the same rules and policies cannot be applied to every country. Developing countries in particular face huge challenges in providing affordable and reliable energy to their citizens, and they need a great deal of help in ensuring energy reliability while transitioning to a net-zero destination.”
