November 12, 2019 (PPI-OT)
Following is the text of press note issued by Press Information Department (PID)
Mr James Hall, Vice President, Government Relations and Global Advisory, Royal Dutch Shell and Mr Haroon Rashid, MD/CEO Shell Pakistan Limited called on the Federal Minister for Energy Omar Ayub Khan at the Petroleum Division this morning. Mr Hall apprised the Federal Minister about Royal Dutch Shell's area of operations in the South Asian region with a focus on current and future plans in Pakistan. Mr James Hall stressed on Shell International's unequivocal commitment to meet not just Pakistan's but the world's growing energy demand in economically, environmentally and socially responsible ways. Shell Pakistan is also the second largest Oil marketing company in the country and aims at becoming the number one energy company in Pakistan.
Mr Haroon Rashid, MD/CEO of Shell Pakistan shared a brief on some of the core area of operations in the country including in the retail, lubricants, trading, supply, business to business and aviation sectors. He also informed the Honorable Minister about Shell Pakistan's retail network of strategically located 780 plus sites leading to direct, indirect employment opportunities and being a market leader in the country's lubricant market. Federal Minister welcomed Mr James Hall and appreciated Royal Dutch Shell's sustained cooperation with its domestic partners.
He also commended Shell's commitment to Pakistan and its intent to expand in the Pakistani market. The Federal Minister outlined the present Governments resolve to introduce reforms in the economy and energy sectors. He particularly stressed on the Government's focus to improve the ease of doing business in the country and the good progress that has been made on that front recently. Minister shared a brief overview of Pakistan's Energy mix and how the present Government plans to diversify and increase the share of renewables in the overall energy mix. He also shared proposed areas of investment in the energy sector of Pakistan including retail, trading, supply and LNG. Federal Minister thanked Mr James Hill for his visit and hoped that such continued interactions would lead to mutually beneficial outcomes.
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