Federal Minister for Petroleum and Natural Resources, Ghulam Sarwar Khan has said that no new exploration was made in the oil and gas sector during the last five years. He said unfortunately, in the past governments have not been giving top priority to explore new oil and gas reserves in the country. The Federal Minister for Petroleum and Natural Resources, Ghulam Sarwar was addressing as chief guest Energy Forum 2018 here at OGDCL Auditorium. Distinguished guests from Oil & Gas sector, MD/CEOs of Exploration and Production Companies (E&P) attended the Forum. Secretary Ministry of Energy (Petroleum Division) Mian Asad Hayaud Din and other senior officers of the Ministry were also present on the occasion. Federal Minister Ghulam Sarwar Khan said that the purpose of holding the Energy Forum by Ministry of Petroleum is to get the expert opinion and advice of all stakeholders related to petroleum sector of the country. He noted that the presence of experts in this energy forum would give the government new line of action in the oil and gas sector. The Federal Minister said that presently we are facing energy crisis, as only in 1960, mega dams were constructed which were of multipurposes but after that no dam could be constructed. . Ghulam Sarwar Khan said that we have been listening about Bhasha Dam since Year 2000 but the Bhasha Dam is mere in papers still now. He said that presently we are facing gas and energy crisis as our import bill of petroleum products including LNG and LPG is all over $12 billion. We cannot continue to expand such high amount of foreign exchange every year on the import of petroleum products, he said. He said that there must be good intention for doing any work and the present government wanted to take practical steps for the betterment of country and our future generation. Speaking on the occasion, Chairperson OGRA, Uzma Adil Khan said that merger of upstream regulation with OGRA should be done after consultations with the federal and provincial stakeholders. Dr. Saeed Jadoon, ED OGDCL while speaking on the occasion, said that we have no discovery of fuel in Punjab , but 90percent in Balochistan and some points in KP as well He emphasized the need to enhance exploration activities by three folds in Frontier areas and Balochistan. MD, PAPCO, Shujauddin said that Pakistan has over 2000 km of cross country pipeline infrastructure. There is potential requirement for further development of pipelines in Pakistan either of crude oil or fuel pipelines, he added. MD, Shell Pakistan Ltd, Haroon –ur –Rashid said that there is great need of upgradation of pipelines and making big storages in the country. He said that import permit should be linked to access tankage capacity. Zahid Mir , MD, OGDCL also gave presentation on General Issues and Solutions in Oil and Gas exploration. Adil Khattak, CEO, ARL, Mr. Egon van der Hoeven , Commercial Manager Asia Pacific / Middle East, ExxonMobil , Muhammad Amin Rajput, MD SSGC and others also spoke on the occasion. *****
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