Govt focusing on energy projects: Energy Minister

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ISLAMABAD: Minister for Energy Omar Ayub Khan says the government is focusing on energy projects under new renewable energy policy to harness local resources for power generation.

Talking to Ambassador of the Kingdom of Saudi Arabia Nawaf bin Saeed Ahmed Al-Malki in Islamabad on Wednesday, he said revival of exploration and production activities in oil and gas sector would attract investment in the country.

The Minister also apprised the envoy about the progress of various energy projects in lieu of investment-friendly policies introduced by current government in diverse fields for thriving economic development of Pakistan.

He said the diversified market of energy sector is one of the prime investment destination to boost the economic growth of the country.

The Ambassador of the Kingdom of Saudi Arabia stressed that the kingdom would continue to work with Pakistan for strengthening bilateral relations between the two brotherly countries.

During the meeting, both sides deliberated upon joint ventures by Pakistan and the Kingdom in the petroleum and energy sector.

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