Petroleum minister meets VTTI and Honeywell UOP officials to discuss energy investments
Federal Minister for Petroleum Ali Pervaiz Malik met with representatives from VTTI and Honeywell UOP in Islamabad on Wednesday to talk about investment opportunities.
VTTI interest in storage projects
A delegation from VTTI told the minister they want to grow their business within Pakistan. They specifically mentioned plans for bonded warehousing and re-export facilities alongside new LPG storage terminals. The company also wants to look at ways to expand its existing supply chains.
Government support for energy sector
Ali Pervaiz Malik stated that the state is ready to help investors build necessary infrastructure. He added that officials are working to deliver clean and affordable power while keeping prices fair. The minister emphasized a transparent approach when setting up pricing frameworks for the industry.
Honeywell UOP refinery talks
In a separate session, the minister spoke with Shams Qureshi from Honeywell UOP about refining technology. The delegation explained how advanced methods could help upgrade the local refinery sector. They also shared details regarding potential new investments in this specific area.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Associated Press of Pakistan
- Business Recorder
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2 independent outlets. Headlines as published. Links open the original report.