Middle-east Arab News Opinion | Asharq Al-awsat

Pakistan, Hungary Expands Oil and Gas Cooperation - ASHARQ AL-AWSAT English Archive
Select Page

ISLAMABAD, Asharq Al-Awsat – Pakistan and Hungary have agreed to expand cooperation in the oil and gas sectors for their mutual advantage.

These views were expressed in a meeting between the visiting Hungarian Foreign Minister, Ms. Kinga Gonez, and Minister for Petroleum & Natural Resources Amanullah Khan Jadoon, says an official statement.

The two sides agreed that there existed a lot of potential and expertise for exploring new avenues of interaction in this vital field of economy to bring the two countries closer.

Jadoon spelled out the priority being given to promoting oil & gas sectors by the Government as a key element for overall socio economic development of the country. He invited the Hungarian investors to take advantage of the investment opportunities in the onshore and offshore exploration, upcoming liquefied natural gas (LNG), oil refineries and infrastructure development projects.

Ms. Kinga Gonez appreciated the tremendous growth of Pakistan’s petroleum sector in last few years and investor-friendly policies being pursued by the government to attract investment.

She said that her visit to Pakistan would open new vistas of cooperation in diversified fields particularly in the oil & gas sectors for the mutual benefit of the two countries. She expressed keenness of Hungarian companies to participate in the upcoming Pakistan’s oil & gas projects.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube