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Petroleum division signs around 15 agreements, MoUs in five years

ISLAMABAD:Petroleum Division of the Energy Ministry has signed around 15 agreements and memorandums of understanding (MoUs) with different countries during the last five years to enhance cooperation in the field of energy.

The agreements were signed with Azerbaijan, Turkey, Qatar, Iran, China, Russia, Turkmenistan, United Kingdom and Kuwait, official sources told APP.

Giving details, they said Pakistan signed an agreement Azerbaijan on cooperation in the field of energy February 28, 2017. While, the government inked an agreement with Turkey to enhance cooperation in the field of Hydrocarbon on February 23, 2017.

It signed an MoU for export of Liquefied Natural Gas from the State of Qatar on February 6, 2012. Whereas, an agreement on cooperation in energy sector between Qatar and Pakistan was signed in 2015.

A cooperation agreement between Pakistan and Iran was signed on December 1, 2012 to complete the much-awaited Iran-Pakistan Gas Pipeline Project.

A Framework Agreement between National Energy Administration of China and Ministry of Petroleum and Natural Resources (now Petroleum Division) on Gwadar-Nawabshah LNG Terminal and Pipeline Project was signed April 20th, 2015.

Pakistan and Russia inked an agreement to construct North-South (Karachi-Lahore) gas pipeline on October 16, 2015.

An MoU was signed between the Ministry of Oil and Gas of Turkmenistan and the Ministry of Petroleum and Natural Resources (now Petroleum Division) to increase cooperation in the field of fuel and energy Sector March 16, 2017.

Sui Northern Gas Pipeline Limited (SNGPL)/Sui Southern Gas Company Limited (SSGCL), Asia Pacific Corporation UK and Sptech (Pvt) Limited Sweden signed an MoU May 19, 2015 to mitigate gas losses, carrying out a pre-feasibility study on gas conservation/efficiency through rehabilitation, up-gradation and optimization of existing gas distribution network including replacement of existing gas meters with Automated metering Infrastructure (AMI) smart metering system.

On February 17, 2015, an MoU was signed for cooperation in joint venture projects in Exploration and Production (E&P) Sector among Oil and Gas Development Company (OGDCL), Pakistan Petroleum Limited (PPL) and Turkish Petroleum Corporation.

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