Karachi, November 02, 2017 (PPI-OT):The Petroleum Institute of Pakistan organized a day long Pakistan Oil and Gas Conference (POGC) at Islamabad’s Marriot Hotel. Prime Minister Shahid Khaqan Abbasi was the chief guest on the occasion. The theme of the event was the Emerging Fuel Mix for Pakistan and Markets Outlook.
In his speech, the Prime Minister said that the PML-N government has fully delivered on its promises and has effectively tackled the energy crisis that haunted the previous governments. He said the that the import of Liquefied Natural Gas (LNG) has helped the country adequately meet its energy needs, and asked for objective intellectual input for optimal use of renewable sources of energy.
“Today things are moving forward. We have new reserves, oil production has increased to 100,000 barrels per day, which was substantial, but still not enough,” the Prime Minister said. “Miracles do not happen, but it is the willingness to change, that makes the difference,” he said and added that much more needs to be done for the oil and gas exploration. He said the local companies need to deliver and added that the government was not interfering in their working.
This year’s edition of POGC was marked by the launch of PIP’s biennial publication, Pakistan Energy Outlook (PEO) 2017 that took a holistic view of Pakistan’s energy sector by highlighting changing energy mix, and emphasizing on key developments on this front. The latest edition of PEO, developed in collaboration with the NED University of Engineering was launched by the Prime Minister in a simple yet impressive ceremony at the Conference.
Also accompanying the Prime Minister at the launch were PIP’s Chairman Giorgia Guidi, CEO Asim Murtaza Khan and Sr. Manager Mohammad Danish. Pakistan’s leading energy sector companies including SSGC, Pakistan Petroleum Ltd, PARCO, UEP and Fauji Oil Terminal and Distribution Company Ltd. sponsored the event by installing creatively built exhibition booths at the event. The booths were frequented by a large number of delegates and other guests.
Chairman of the Petroleum Institute of Pakistan Georgio Guidi, Professor Dr Sarosh Hashmat Vice Chancellor of the NED University and CEO PIP Asim Murtaza spoke about the need for development of seamless linkages between the university and the industry, the need for optimally exploiting renewable energy and strategies to find a way forward for an ideal fuel mix to meet country’s future needs.
The main feature of the event was a number of comprehensive presentations made by energy experts from the leading energy sector companies and academia. The presentations dilated on different facets of Pakistan’s energy sector including emerging fuel mix, developments in natural gas infrastructure, future of the country’s downstream oil sector, energy security in developing economies and current status of E and P companies.
Distinguished speakers who gave informative presentations included Asim Tirmizi, Project Director (Liquefied Gases) SSGC, Dr. Liu Qiang, Secretary General of Global Energy Security Forum, Chinese Academy of Social Sciences, NEDUET’s Vice Chancellor Prof. Dr. Sarosh Hashmat Lodhi and Assistant Professor of Petroleum Engineering Department Dr. Javed Hanif, Zaheer Alam, Head of Exploration and IT, UEP, Dr. Amjad Ali Khan, Chief Geologist, Directorate Petroleum Concessions and Dr. Ilyas Fazil, CEO, Oil Companies Advisory Council and Asim Murtaza Khan, PIP’s CEO.
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