Caretaker Minister for Energy Muhammad Ali has spelled out the government strategy to meet the future oil and gas needs in an efficient manner by stepping up hydrocarbon exploration activities in potential areas across the country. “We are coming up with a policy for tight gas, policy for shale gas, we have already announced bids for onshore exploration and in December for offshore exploration,” he said in an interview with the Emirates News Agency (WAM) on sidelines of the ADIPEC Conference at Abu Dhabi.
He said Pakistan has a strong presence at ADIPEC this year, with around 10 companies from the exploration, oil marketing, and related sectors. “Indeed, it’s a promising start, and on the very first day, we have seen a remarkable response. All our companies are actively engaged, and there’s substantial interest in their offerings. The presence here is off to an excellent beginning,” he said.
Muhammad Ali laid emphasis on decarbonisation and electrification, saying that they were critical components of Pakistan’s energy strategy for the future.
“While these aspects may not have received sufficient attention in the past, there is now a strong focus on them. Initiatives include energy conservation, electrification efforts, and the re-purposing of natural gas for power generation to electrify appliances and vehicles,” he said.—APP
