IslamabadThe newly provided gas policy, with the support of the SIFC Private Investment Council (SIFC), is preparing to attract up to $ 5 billion in private sector investments, allowing special 35 % participation in the energy sector in Pakistan, according to Express News.
The main goal of politics is to enhance a strong partnership between the public and private sectors in the energy sector, which prompts growth and ensuring long -term sustainability. This initiative is expected to enhance the energy infrastructure in Pakistan.
Muhammad Zuhair Allam, the Energy Pakistan president, praised this policy as a pivotal step to develop the sector.
Ali Mortza Abbas, head of the Pakistani Petroleum Institute, pointed to the discovery of a successful gas of Mary Petroleum as a major achievement that facilitates SIFC efforts.
Ahmed Hayat, CEO of OGDCL, noted that policy is likely to enhance the participation of provinces in gas circulation, which enhances the integration of regional players into the energy market.
With the continued development of the Pakistani energy policy, the new framework is expected to settle on local gas supplies, generate job opportunities, and contribute to broader economic development.
