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TOTAL PARCO to invest $150m in 3 years

ISLAMABAD: A delegation of TOTAL PARCO today called on Minister for Petroleum Ghulam Sarwar Khan and hinted to invest $150 million in petroleum marketing sector of Pakistan during the next three years.
The delegation, which was headed by Vice President TOTAL PARCO for South Pacific Indian Ocean Olivier Chalvon, also showed interest to invest in the fields of Liquefied Natural Gas (LNG) and alternative energy resources.
The minister assured the visiting delegation that Pakistan would provide all possible assistance to foreign investors.

 

 

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.