Published Date: Feb 20, 2015
Energy forum reaffirms potential for indigenous resources
Lahore – The 7th Pakistan Energy Forum 2015, with the theme “Streamlining energy priorities for developmental and economic growth” concluded with distinguished speakers providing strategic insight on all
critical issues and opportunities in the Oil, Gas, Power, and Alternatives industry of Pakistan.
Experts stressed on the need to stabilize prices and foster investments, while ensuring optimum supply of fossil fuels and other energy resources in the country.
All stakeholders renewed their commitment for proactive operational enhancements to ensure a robust future.
The Former Minister of Finance, Dr.
Salman Shah opined, “The main task of the government is to devise and implement frameworks for a vibrant competitive energy market in Pakistan”
In his concluding remarks of the final session, Mr.
Werner Liepach, Country Director, Asian Development Bank (ADB) said Pakistan has great potential for indigenous resources.
The key challenge to unlock this potential is the creation of the right
policies and incentive structures to attract the required capital.
cross-section of delegates from government, regulatory bodies, power-generation enterprises, oil & gas companies, stakeholders, provincial energy organizations, and members of the Diplomatic Corps attended the day-long conference.
Organized in collaboration with key stakeholder groups, research-partnership with the SDPI, and supported by the Energy Department, Government of Sindh, Khyber Pakhtunkhwa Oil and Gas Company Limited, Ocean Pakistan Ltd, Reon Energy
Ltd, HUBCO, Laraib Energy Ltd and Presson Descon International Ltd.
Various concerned government ministries and regulatory authorities also extended valuable support and participated in the forum.
Source : http://nation.com.pk/business/20-Feb-2015/energy-forum-reaffirms-potential-for-indigenous-resources