China to help Pakistan in development of oil and gas industry

 

During 9th meeting of joint cooperation committee of China-Pakistan Economic Corridor (CPEC) the Chinese side agreed to provide guidelines and support for the development of oil and gas industry of Pakistan.

It was decided during the meeting that under the oil and gas sub-working group China will provide effective guidance for the development of the Oil and Gas Industry in Pakistan. The representatives of both sides appreciated the energy departments for organizing expert panels to complete the Development plan for Pakistan.

During the meeting, Pakistani side proposed various projects to be undertaken under this plan. These include finalization of feasibility study on South North Gas Pipeline Project; upgradation of Pakistan Refinery Ltd Karachi; Coal to Liquid Engineering Plant based on Thar Coal at Thar Sindh, and Thar Block-VI for Coal gasification to Fertilizer projects.

Both sides supported the expert panels to continue maintaining communication and regularly improving the Plan, so as to promote the healthy development of the Oil and Gas Industry in Pakistan.