Islamabad: The Minister for Petroleum, Ali Pervaiz Malik, emphasized the government’s commitment to providing comprehensive support to both local and international investors in the petroleum sector. This announcement was made during a meeting with Ali Taha Al-Temimi, the Country Manager of Kuwait Foreign Petroleum Exploration Company, in the capital city.

The meeting highlighted the increasing interest from foreign entities in Pakistan’s petroleum resources. Ali Taha Al-Temimi conveyed his company’s intention to participate in the upcoming offshore bidding round. This move signals potential growth in the sector, with foreign firms eager to invest in the region’s untapped resources.

Ali Pervaiz Malik expressed appreciation for the interest shown by the Kuwaiti company. He reiterated the government’s stance on facilitating investment by ensuring a conducive environment for exploration and development activities. The minister’s remarks reflect ongoing efforts to attract foreign capital and expertise to bolster Pakistan’s energy sector.

The interaction between the two officials underscores the strategic importance of international partnerships in enhancing Pakistan’s petroleum exploration capabilities. The government’s proactive approach aims to secure significant investments, fostering economic growth and energy security in the region.