news

Russian consortium to arrive in Pakistan today


ISLAMABAD: Representatives of Inter Rao and Himmash Apparat, a Russian oil and gas consortium that specialises in the sector, is arriving in Pakistan today, with the intention of investing Khyber-Pakhtunkhwa’s (K-P) energy sector.

The Russian company has been actively pursuing investment opportunities in K-P, according to a statement released by the Khyber-Pakhtunkhwa Oil and Gas Company Limited (KPOGCL).

Pakistan, Russia poised to sign $10b gas pipeline deals this week

As per the schedule, KPOGCL has arranged meetings with all the stakeholders which will help them in executing the projects on a fast-track basis. “KPOGCL is playing an active role as facilitator, and will brief the investors on financial and technical aspects of the projects,” the statement added.

Pakistan and Russia have been actively pursuing ventures in the energy sector. Given Russia’s expertise in the area and its export potential, Pakistan is looking to benefit as it aims to restructure its energy sector. 

Published in The Express Tribune, January 28th, 2018.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation. 

Minister Awais Leghari claims full participation of provinces

  • AEDB to tap Balochistan’s wind energy potential

    Will conduct resource assessment study in association with the province

  • 31 engineers from NUST, UET Peshawar to study in US

    They will undertake research at Arizona State University to find solution to energy issues

    More in Business

    Original news : https://tribune.com.pk/story/1619934/2-russian-consortium-arrive-pakistan-today/