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SIFC Promotes Petroleum Division’s Advancement: Minerals and Mining Division’s Operations

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With assistance from the Special Investment Facilitation Council, the Petroleum Division has made great strides in recent weeks.

At the upcoming conference, the Petroleum Division is expected to provide a cohesive position on Pakistan’s offshore blocks and work with the Ministry of External Affairs to enhance engagement with stakeholders in China and Saudi Arabia.

In addition, the Division must address the concerns mentioned in the audit report dated June 5, 2024, and include all provinces in its plans.

Setting milestones based on predetermined dates is necessary to guarantee project progress and completion on schedule.

The Inter-Provincial Coordination Committee is to arrange an interprovincial meeting on the regulatory framework for mining.

Announced by the Special Secretary of the Petroleum Division, all Federal Mineral Projects have been moved to the newly established minerals wing, where consultants are being hired.

The Division will also work with the Ministry of External Affairs to increase the availability of energy resources by importing LPG from Turkmenistan.

The Reko Diq Project will improve technical proficiency and fortify Pakistan’s mineral industry by bringing cutting-edge mining and processing technologies to the country.

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