Pakistan begins study for strategic oil reserves
Pakistan, Aug. 28 -- Pakistan has launched a feasibility study to assess Strategic Petroleum Reserves for stronger energy security. Petroleum Minister Ali Pervaiz Malik chaired the study's opening meeting on Tuesday. The initiative aims to help Pakistan prepare for possible disruptions in energy supplies.Procuring Commercial Fuel
International energy consultancy Wood Mackenzie will conduct the study after winning a competitive tender. Four companies submitted bids during the selection process. Officials briefed the minister about the study's scope, objectives and expected timelines.
Malik said energy security directly affects national security and remains a government priority. He said Pakistan needs stronger protection against externa...
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