KP: (Int’l companies keen to set up oil refineries in KP)

June 6, 2015 Off By Web Desk

ISLAMABAD: A number of international companies have expressed their willingness to set up oil refineries in Southern districts of Khyber Pakhtunkhwa (KP).

According to a senior official, the government is also planning to utilize the available deposits of gas for power generation. The electricity generated through gas will be given to the industries on low rates to boost industrialization.

Meanwhile, the Khyber Pakhtunkhwa government has already decided to establish an autonomous body to executive oil and gas projects. The autonomous body will achieve oil and gas exploration targets under 2034 plan.