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Eni, Pakistan hold gas talks

06th January 2014

Both parties highlight need to increase gas production via unconventional gas and ultra-deep water offshore gas exploration

Eni, Pakistan hold gas talks
Scaroni and Abbasi discussed potential cooperation in the areas of shale gas and gas lying offshore in ultra-deep waters

Eni CEO Paolo Scaroni has held talks with Shahid Khaqqan Abbasi, Pakistan’s minister of petroleum and natural resources in Karachi to discuss Eni’s projects and activities in the country, the Italian major said in a written statement on Monday.

 

Both parties stressed the importance of increasing gas production by tapping into Pakistan’s vast hydrocarbon resources, a key goal for the Pakistani government, which holds a majority share in the national oil company Oil and Gas Development Company Limited (OGDCL).

 

More specifically, Scaroni and Abbasi discussed potential cooperation in the area of shale gas and gas lying offshore in ultra-deep waters. Further cooperation was also emphasised.

 

The Pakistani energy minister recalled government-backed measures to attract investment to unlock new energy resources and expressed the government’s intention to implement further policies as required.

 

In addition to Eni, the international oil companies most active in Pakistan's natural gas sector include BP, OMV and BHP, according to information from the US Energy Information Administration (EIA).