ISLAMABAD: A delegation of United States’ oil and gas giant ExxonMobil called on President Dr Arif Alvi on Tuesday, Radio Pakistan reported.
Talking to Chairman, LNG Market Development, ExxonMobil, Alex Volkov, who along with a delegation called on him in Islamabad, the president said the government was committed to provide conducive environment for investment to foreign investors by enhancing ease of doing business.
He emphasized the need for collaborations of foreign investors with local partners in the form of joint ventures.
Urging ExxonMobil and other foreign investors to take benefit of the liberal foreign investment policy of the government, President Alvi appreciated the efforts of the ExxonMobil to re-enter in the Pakistani market in LNG sector.
He encouraged ExxonMobil for further investment in the upstream petroleum sector of Pakistan.
The ExxonMobil delegation also briefed President Alvi about their current and future ventures in Pakistan.
Earlier today, ExxonMobil chairman Alex Volkov, along with his team, held productive discussions with the minister relating to LNG requirements in Pakistan and the offshore drilling project off the coast of Karachi, the ministry wrote on Twitter.
