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Renewable energy: Pakistan’s energy delegation to meet US entrepreneurs

An oil and gas trade mission, led by the Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and the United States Ambassador to Pakistan Richard G. Olson, will explore and identify business opportunities in Pakistan’s energy sector in a series of meetings with leading American entrepreneurs, starting Thursday.

During the two-day mission, nearly 30 private Pakistani companies, state-owned enterprises, and oil and gas officials are expected to meet with renowned US energy companies to ascertain business opportunities, explain incentives offered by the Pakistani government, and attract investment from the private sector to Pakistan’s oil and gas sector, the State Department specified.

The trade mission delegation includes officials from Pakistan’s Ministry of Petroleum and Natural Resources, heads of 17 leading Pakistani oil and gas firms, including both state-owned enterprises and private firms, and representatives from the US Department of State and US Department of Commerce.

The mission immediately follows the conclusion of the fifth US-Pakistan Energy Working Group in Washington under the strategic dialogue framework recently revived during Secretary of State John Kerry’s visit to Pakistan in August.

The working group in Washington was co-chaired by Minister Abbasi as well as Federal Minister of Water and Power Khawaja Muhammad Asif, and by Ambassador Carlos Pascual, US special envoy and coordinator for International Energy Affairs.

“The United States and Pakistan have worked closely as part of the strategic dialogue framework,” the State Department noted.

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