Summary PM Nawaz inaugurated the project at a function in Islamabad.
ISLAMABAD (Dunya News) - Prime Minister Muhammad Nawaz Sharif inaugurated Latif Gas Field Khairpur on Thursday morning.
Inaugurating the project at a function in Islamabad‚ he said Pakistan is facing severe economic crisis and the addition of one hundred million cubic feet of gas from Latif gas field per day to the national grid will help in mitigating the gas shortage to some extent.
He expressed pleasure over the completion of the project in a short span of fifteen months.
He said Pakistan is saving billions of rupees in foreign exchange due to utilization of indigenous gas reserves.
Nawaz Sharif said the government is formulating new petroleum exploration policy as well as tight gas‚ low BTU and Shale gas policies to address the energy crisis on sustainable basis.
He expressed the confidence that these policy initiatives of the government will attract the foreign companies to invest in the very important energy sector.
Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi was also present on the occasion.
The Prime Minister was briefed on the gas field project.
