Govt plans to grant latest petroleum exploration licences.

The Petroleum Division is planning to award new petroleum exploration licences in December 2019 in order to increase investment opportunities in the sector, said Special Assistant to Prime Minister on Petroleum Nadeem Babar.

Addressing a luncheon arranged by the Canadian Global Exploration Forum (CGEF) in Calgary, he apprised Canadian companies of the investment opportunities offered by the petroleum sector in Pakistan.

A delegation, led by Babar, included officers of the Ministry of Energy and executives of Oil and Gas Development Company (OGDC) and Pakistan Petroleum Limited (PPL), stated a press release received on Friday.

The delegation made a comprehensive presentation on Pakistan's petroleum sector and informed programme participants that new exploration...

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