Gunvor Group Keen to Invest in Pakistan’s Petroleum Sector  

Global commodities trader Gunvor Group has expressed its keen interest in investing in Pakistan’s petroleum sector, said a press release issued by the Press Information Department on Monday.   Gunvor Group Chairman Torbjorn Tornqvist and Oceania & Southeast Asia Total Energies Vice President Mehmet Celepoglu called on Prime Minister Shehbaz Sharif and discussed potential investment in Pakistan’s energy sector, according to the press release.   During the meeting, the prime minister highlighted that after attaining stability, the country’s economy was now moving on the path of growth and development. He said rapid reforms were underway to increase investment and business activities, and economic policies were yielding positive results. He emphasized that the government was removing all the barriers to foreign investment in Pakistan.    Tornqvist expressed the Group’s keen interest in investment in Pakistan’s petroleum sector. The prime minister was told that the Gunvor Group had already signed an agreement to acquire 50 percent shares of Total Parco.    The Gunvor Group chairman lauded that positive steps were being taken under the prime minister’s leadership to promote investment in the country.    The prime minister directed the relevant authorities to provide all possible facilities to the Gunvor Group. The meeting was also attended by federal ministers Ahad Khan Cheema, Dr Musadik Malik, PM’s Special Assistant Tariq Fatemi, and other relevant high officials.