Exploration of oil, gas to be given preference: petroleum minister

ISLAMABAD: Minister for Petroleum Ghulam Sarwar Khan on Saturday said that exploration of oil and gas would be given preference in order to support and strengthen the national economy.

Addressing a function in Rawalpindi, Sarwar Khan regretted that the exploration was not given preference in the past and that was why country was spending 16 billion dollars a year on import of petroleum products.

He pointed out that we import 85 percent of petroleum products from abroad.

Read More: People will not face gas load-shedding during winter: minister

The minister assured that any project in the petroleum sector would be executed with complete transparency and no compromise would be made on quality.

Few days ago Ghulam Sarwar Khan said that people would not face gas load-shedding during winter season this year.

“Gas is being provided to the industry continuously and subsidy will be provided on bills from October 16 till June next year,” he said.