Further $100 miln EU investments to come in petroleum sector

ISLAMABAD, Aug 25 (APP):Spokesman of Prime Minister for Trade and Investment for United Kingdom (UK) and Europe Sahibzada Amir Jahangir on Sunday said that around $ 100 million new investment were expected to come in petroleum sector.

Petro chemical, Oil storage and Oil infrastructure would the major fields, where the big energy sector companies are ready investing, Sahibzada Amir Jahangir told APP here.

He said that recently a high level delegation of world largest private sector Oil company β€˜VITOL’ headed by senior director Chris Bake including their two senior board directors had visited accompanied by to Pakistan for negation with local authorities on further plan of action.

Amir Jhangir said that during the visit the delegation met to Prime Minister Imran Khan and other relevant officials of ministries and division.

He informed that VOTOL group’s senior director Chris Bake had immense appreciation for the PM for tackling the corruption and lifting the damaged economy.