The US’s biggest oil and gas company ExxonMobil has announced a comeback after 27 years in Pakistan to resume their operations in the country.
As per the news, the delegation from Exxon Mobile, led by LNG Market Development Chairperson Emma Cochrane, called on Prime Minister Imran Khan to discuss about the projects.
Great to see foreign direct investment coming back to Pakistan. ExxonMobil the largest oil & gas company comes back to Pakistan after 3 decades. pic.twitter.com/xWJ2v8yG3p
— Ali Haider Zaidi (@AliHZaidiPTI) November 28, 2018
Acknowledging the company’s interest in investing into Pakistani market, the Prime Minister ensured safe business operations.
ExxonMobil has been taking major steps to re-enter the Pakistani market and acquired 25% stake in offshore drilling earlier this year. Apart from this, the company also plans to build Pakistan’s third import liquefied natural gas (LNG) terminal in collaboration with Energas.