Mitsubishi, a leading Japanese trading company, has shown interest in investing in the energy sector in Pakistan. This was brought to light in a meeting with the Federal Minister for Petroleum Ghulam Sarwar Khan.
According to ARY News, the meeting was recently held between the Federal Minister for Petroleum, Ghulam Sarwar Khan and the Mitsubishi delegation in Islamabad.
Kimihide Ando welcomed the offer of cooperation from the petroleum minister and expressed keen interest in investing in the gas sector of Pakistan.
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The country manager stated that Pakistan was strategically located and can take advantage of liquefied natural gas (LNG).
The Federal Minister for Petroleum and Energy added that the government was inviting international companies to invest in the gas sector and hopes that all the obstacles would be removed.
With the increasing demand for gas, investment in the gas sector was the need of the hour and reputed international companies were in contact with the Petroleum Division.
Due to improved security conditions in Pakistan, many foreign investors have shown interest in business opportunities in the country.
Recently, the co-founder of Microsoft Corporation, Bill Gates said that his company is going to explore investment opportunities in Pakistan in the IT sector.
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