Minister for Petroleum Musadik Malik on Wednesday said that Azerbaijan was considering an investment of $2 to $3 billion in Pakistan. Speaking to media, the minister said that Azerbaijan was particularly interested in the mineral sector, including oil and gas. The minister said that the Central Asian country was focusing on the oil and gas exploration sector, noting their keen interest in expanding investments in the LNG sector as well.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Pakistan committed to int’l peace, security, Ishaq Dar tells UN chief

Deputy Prime Minister and Foreign Minister Senator Ishaq Dar has reaffirmed Pakistan’s…

Pakistan inks MoU with ‘friendly country’ for JF-17 fighter jets used in May skirmish with India

Pakistan Army has announced that it has signed a memorandum of understanding…

IMF board approves Pakistan’s review, unlocking $1.2bn loan

The International Monetary Fund’s Executive Board approved Pakistan’s latest loan review, unlocking…

Pakistan, Tajikistan wrap up ‘Dosti-II’ counter-terrorism drills

Pakistan and Tajikistan successfully concluded their joint counter-terrorism training exercise “Dosti-II,” held…