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Pakistan’s Government Awards 41 Blocks for Oil, Gas Exploration

Pakistan awarded licenses for 41 blocks to companies including BP Plc., Eni SpA and Pakistan Petroleum Ltd. to search for oil and gas in the south Asian country, in a bid to attract investment in the energy sector.

 

“The successful bidders will be issued licenses within 15 days,” G.A. Sabri, special secretary at the Islamabad-based Petroleum Ministry said today in a phone interview.

 

Source: Bloomberg

 

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