Prime Minister Imran Khan while chairing a meeting to increase exploration of oil and gas in the country said that low cost provision of oil and gas to the consumers of this country should be prioritised. He emphasised the use of innovative technology to ensure transparency and lower the cost of exploration. He said that the use of technology in energy sector would not only lessen the burden of prices but would also contribute to increase in much-needed foreign exchange reserves.
On the occasion, the petroleum secretary briefed the meeting on Exploration and Production Management System which would help the country benefit from relatively low cost oil and gas resources. This system under the supervision of the government would develop a database based on the information gathered from private and public-sector companies with regards to oil and gas. The implementation of that system would help to enhance the local production capacity of oil and gas in the country.
