ISLAMABAD, Sep 16 (APP):Federal Minister for Petroleum Ali Pervaiz Malik held separate meetings with senior representatives of VTTI and Honeywell UOP to discuss investment opportunities, energy infrastructure development and the upgradation of Pakistan’s refinery sector. During his meeting with a delegation of VTTI, a leading energy infrastructure company specialising in energy storage and terminal solutions, the minister was briefed on the company’s interest in expanding its operations and investment in …
Petroleum minister discusses energy investment, refinery upgradation with VTTI, Honeywell UOP
ISLAMABAD, Sep 16 (APP):Federal Minister for Petroleum Ali Pervaiz Malik held separate meetings with senior representatives of VTTI and Honeywell UOP to discuss investment opportunities, energy infrastructure development and the upgradation of Pakistan’s refinery sector.
During his meeting with a delegation of VTTI, a leading energy infrastructure company specialising in energy storage and terminal solutions, the minister was briefed on the company’s interest in expanding its operations and investment in Pakistan.
The VTTI delegation expressed interest in developing bonded warehousing and re-export facilities in Pakistan and establishing terminal infrastructure for LPG storage, besides exploring opportunities to expand LPG infrastructure and supply chains.
Ali Pervaiz Malik welcomed VTTI’s interest in investing in Pakistan and said the government was committed to facilitating investment in the country’s energy infrastructure.
He said the government was working to provide clean, reliable and affordable energy to the people while ensuring a transparent and fair pricing framework.
In a separate meeting with Honeywell UOP’s Shams Qureshi, the minister discussed the company’s ongoing technological contribution to Pakistan’s refinery sector and its interest in expanding investment in refinery upgradation.
The Honeywell UOP delegation briefed the minister on potential opportunities for deploying advanced refining technologies and further investment in Pakistan’s refinery modernisation programme.
Shams Qureshi said the current environment presented an important opportunity to tap into US financing for refinery upgradation and related investments.
The minister welcomed Honeywell UOP’s interest and emphasised that refinery modernisation remained a key government priority to improve efficiency, enhance domestic refining capabilities and support the production of higher-quality petroleum products.
Both meetings focused on strengthening Pakistan’s energy infrastructure, attracting international investment and leveraging technology and financing opportunities to support the country’s energy sector.
