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Punjab to establish a fully autonomous Oil & Gas Authority

Shahbaz SharifLahore: Punjab Chief Minister Muhammad Shahbaz Sharif presided over a meeting, here today, which reviewed matters regarding oil and gas in the province.

The meeting decided to establish a fully autonomous Oil & Gas Authority in Punjab. Addressing the meeting, the Chief Minister said that Punjab is rich in natural resources and it is need of the hour to utilize these resources for progress and prosperity of people. He said that national economy can be strengthened by utilizing natural resources. He said that energy, oil and gas are closely linked. He said that increase in investment in oil and gas sector is essential.

Secretary Energy gave a briefing to the meeting. Chief Secretary Punjab, Chairman Planning & Development, Chairman Punjab Power Development Company and Secretaries Law and Finance attended the meeting.

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