Govt committed to explore more natural gas reservoirs: Sindh governor

KARACHI: Sindh Governor Imran Ismail has said the federal government was trying its best to explore more natural gas reservoirs and alternative sources of energy.

During a meeting with members of the Korangi Association of Trade and Industry today, Imran Ismail said Pakistan has resources of 164 million barrels of oil and 24.6 trillion cubic feet of natural gas, however, the demands for resources are increasing day by day.

He urged authorities concerned to reorient its policies away from coal and greatly ramp up their renewable energy, energy efficiency, and gas and LNG development efforts. The governor said that joint efforts were needed for the progress and development of the country.

Sindh governor assured the business community that the federal government would extend all possible assistance to them for industrial growth and of the country’s exports. The governor said without a strong and sustained economy, a country could not flourish.

The governor said in the past Karachi was neglected and it was PTI leadership who was making every possible effort for the up-gradation of the big city.

The depleted infrastructure of the city would be strengthened and upgraded with Prime Minister Imran Khan’s announced package of Rs. 1100 billion, he added.

The private sector was playing a vital role in the economic development of the country, he acknowledged. Korangi industrial area holds an important position for the country; especially for the city, he said.

Imran Ismail promised to arrange a meeting of KATI’s leaders with the Prime Minister, PM’s Advisor on Finance and the Chairman of the Federal Board of Revenue for the resolution of FBR related issues facing.