PM stresses on speeding up oil, gas exploration
ISLAMABAD, May 16 (APP): Prime Minister Syed Yusuf Raza Gilani has stressed on speeding up exploration of oil and gas in the country to bridge the gap between demand and supply. He said energy shortage has adversely affected growth of the economy.The Prime Minister was talking to Federal Minister for Law Maula Baksh Chandio and Advisor to PM on Petroleum Dr. Asim Hussain at Prime Minister House here on Monday.The Prime Minister directed the Advisor on Petroleum to expedite work on exploration of Tight and Shale Gas Reservoirs. He enquired about the progress on Tajikistan-Afghanistan-Pakistan and India (TAPI) Gas Pipeline Project.
The Advisor apprised the Prime Minister about the details of his recent meeting with Indian Counterpart on TAPI Gas Pipeline Project. He also discussed CASA-1000 Project in the meeting.
Dr. Asim Hussain briefed the Prime Minister about Kuwaiti Government’s willingness to supply two million tons of oil as well as LPG quotas for Pakistan on deferred payment basis.
He further informed the Prime Minister that his Ministry is making concerted efforts to harness natural gas from the Tight and Shale Gas Reservoirs  of Pakistan in pursuance of the recently announced Shale Gas Policy by the  Government.