Pakistan’s Oil & Gas Development Company (OGDCL) has signed an MOU with CCDC, the major player in drilling and upstream Oil field Services of China, for the development of shale and tight gas potential of Pakistan and address the country’s energy needs through indigenous solutions.
The MOU was signed by OGDCL’s Executive Director (Production), Mumtaz Ali Soomro, and CCDC’s Vice President, Zhang Zhidong, during the 8th Silk Road International Exposition and Investment and Trade Forum for Cooperation Between East and West China in Xi’an city of Shaanxi province of China, according to a press statement.
The government of China has specially invited Pakistan to attend the event as the Country of Honor. The signing ceremony was attended by the Federal Minister for Energy (Petroleum Division), Dr Musadik Malik, and the Ambassador of Pakistan to China, Khalil Hashmi.
The Minister expressed gratitude to the Chinese side for hosting Pakistan as the Country of Honor at the event. He said that this cooperation would strengthen ties in the energy sector for the mutual benefit of both nations.
