NA passes unanimous resolution over execution of JI leaders in BD

ISLAMABAD: The National Assembly resumed its session in Islamabad today with Speaker Sardar Ayaz Sadiq in the chair.
The National Assembly was informed on Wednesday that efforts have been accelerated to enhance domestic exploration of oil and gas.
Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi told the House during question hour that despite decrease in the prices of petroleum products at the international level, Pakistan is expected to receive investment in the oil and gas sector which will help explore the indigenous resources of the country.
He said the local production of crude oil has surged to one hundred thousand barrel per day which meets 15 percent requirements of the country.
He said the country has received an investment of 1.6 trillion rupees in oil and gas exploration. He said that exploration activities have expedited especially in Khyber-Pakhtunkhwa province, which has led to some important discoveries.
He said the government is encouraging the investors to establish new refineries in the country. He said the establishment of refineries in Balochistan and Karachi will help reduce import bill of refined products.

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