What's new

ExxonMobil back in Pakistan after nearly three decades

RangeMaster

FULL MEMBER
Joined
Dec 25, 2016
Messages
1,647
Reaction score
1
Country
Pakistan
Location
Pakistan
ghjghj.png

ISLAMABAD: After a gap of nearly three decades, ExxonMobil is gearing to re-enter the Pakistani market, as the world’s largest oil and gas company eyes it as an emerging economy with immense potential.


ExxonMobil has made major strides to re-enter the Pakistani market which included acquiring a 25% stake in offshore drilling in May this year.


The first exploration well is planned for January 2019. Previously, Italian energy giant Eni, Pakistan Petroleum Limited (PPL) and Oil and Gas Development Company (OGDC) held 33% share each in offshore drilling in Pakistan.

Also, Exxon Mobil in partnership with Pakistani consortium Energas is planning to build Pakistan’s third import liquefied natural gas (LNG) terminal.

And the company has registered its local partner in Pakistan as “ExxonMobil Pakistan (Private) Limited” and has obtained office space for its headquarters in Islamabad to herald its comeback.
 
Indus Block G seems promising, that explains the sudden interest of Exxon in Pakistan.
 
India is six times bigger market than Pakistan.
And six times more miser.....

Even Robert Clive couldn't show the money he had promised to the East India Company shareholders, so he had to commit suicide!!! The Marwari businessmen, who were the parts and parcel of the conspiracy to sell out Bengal/Bihar/Orissa to the British, made their money though!!! Clever folks....
 
Play this smartly and we can neutralize Indians from DC.

@Oscar
It will need more. The time is ripe for US Pakistanis to start entering politics and represting our voice.
It has already happened with many muslims taking a start especially in this recent midterm and it’s time the current generation steps out of the isolationist policies of their immigrant parents and gets involved in the system.
 
Looks like it's not a heresy that Pak has got hydrocarbons....

May be it has been being kept in a secrecy like a treasure to be discovered by the right Pak leadership!!! Who knows that time might have arrived...

"And as for the wall, it belonged to two orphan boys in the town; and there was under it a treasure belonging to them; and their father was a righteous man, and your Lord intended that they should attain their age of full strength and take out their treasure as a mercy from your Lord...." - Kur'an-i Kerim (Sura El Kahf, Ayet#82)
 
The problem with USA is that our establishments starts bending over backwards and forget they shud be serving Pakistan not USA ..

We can have a relationship with them... But we need to keep some generals in check
 
What was the background work of PTI to make it happen?
Why it was not in their 100 day targets list?
 
What was the background work of PTI to make it happen?
Why it was not in their 100 day targets list?
Just one work. Placing corrupt leader to their places like Nawaz, shahbaz in jail and zardari which ask 10% share for everything from the foreign company to be added in the next list and you see companies coming in your country.
 

Latest posts

Back
Top Bottom