Pakistan, Russia to cooperate in major energy projects

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The third session of Pakistan-Russia Joint Working Group (JWG) on Energy held in Moscow and it expressed willingness to cooperate in various projects in the fields of oil and gas exploration, construction of floating LNG terminals, North-South gas pipeline from Gwadar to Nawabshah, sharing of seismic and geological data, enhanced oil recovery, LPG processing facility and gas purification plants, modernisation of oil and gas infrastructure, innovative technology solutions in coal industry, and building/renovation of various power generating units in Pakistan, especially those of Russian origin.

The Pakistan delegation was led by Ambassador to Russia Zaheer A Janjua and included representatives of the ministry of water, OGDCL and Inter State Gas Services Limited. The Russian delegation was headed by Deputy Energy Minister Yury Sentyurin.

The Pakistan delegation also held meetings with the major Russian state enterprises in the field of energy. The two sides also discussed cooperation in trans-national energy projects including the CASA-1000 and TAPI gas pipeline.

Major Russian companies in the energy sector including Technopromexport, Rostec-Global Resources, Rushydro International, Power Machines, Inter RAO, United Engine Corporation, and Stochinsky Institute of Mining participated in the discussions with the Pakistan delegation. A joint statement/protocol was signed by the leaders of the two delegations at the end of the meeting.

Pakistan has shown keen interest in attracting Russia state energy enterprises to invest in Pakistan in the energy projects. The government of Pakistan desires to transform the current cordial political relations with Russia into a long-term and substantive economic partnership, especially in the field of energy for the mutual benefit of the two countries.

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