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Summary Dr Asim Hussain has E&P companies should take advantage from the new Petroleum policy 2012.
Addressing a meeting on Tuesday, Federal Minister for Petroleum & Natural Resources Dr. Asim Hussain said that E&P companies should take advantage from the incentives offered in the new Policy.He expressed confidence that the new Petroleum policy 2012 provides significant incentives for Exploration and Production (E&P) Companies operating in Pakistan’s Oil and Gas sector.He said while To reduce the prevailing demand and supply gap, the E&P companies have been successful in discovering new hydrocarbon reserves.Encouraged with the steps taken by the Ministry of Petroleum & Natural Resources to enhance indigenous production, E&P companies have made following discoveries during 2012.
