Middle East companies show off technology solutions, products at Pakistani energy exhibit

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Dr. Nordirjon Rasulov, an employee of Camfil Middle East, can be seen here introducing clean air solutions at the 17th edition of the Pakistan Oil, Gas and Energy Exhibition on June 20, 2019. (AN Photo)
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This picture captures a general view of the exhibition hall of Karachi Expo Center where the 17th edition of the Pakistan Oil, Gas and Energy Exhibition was held on June 20, 2019. (AN Photo)
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Chinese exhibitors introduce a wide range of products that were displayed at the 17th edition of the Pakistan Oil, Gas and Energy Exhibition on June 20, 2019. (AN Photo)
Updated 22 June 2019

Middle East companies show off technology solutions, products at Pakistani energy exhibit

  • Around 223 companies from 26 countries participating in three-day-long event this year
  • Greater interest from Gulf countries drawn in by promises of opportunity as Pakistan struggles to shore up energy infrastructure

KARACHI: The 17th edition of the Pakistan Oil, Gas and Energy Exhibition kicked off in Karachi on Thursday with visible participation from Middle Eastern companies drawn in by promises of greater concessions from a country that hopes improved security in recent years will reassure foreign investors who have been deterred in the past by the threat of militant violence.
Pakistan has been under mounting pressure in recent years to shore up its creaking energy infrastructure, both to provide more reliable supplies of oil and gas to its growing population of more than 200 million and to cut reliance on expensive foreign imports.
The country is believed to have rich mineral resources, with conventional gas reserves estimated at 20 trillion cubic feet (tcf), or 560 billion cubic meters, and shale gas reserves, which are so far untouched, at more than 100 tcf.
This year, the international energy conference, which will see the participation of around 223 companies from 26 countries over the three-day-long event, saw a greater interest from Gulf countries hoping to expand their outreach in Pakistan through digital industrial solutions, services and products.
“The newer part is the technological openness of Pakistan and that is the major attraction for foreign companies,” said Aamer Khanzada, the Managing Director of Pegasus Consultancy, the organizers of the exhibition. “Exploration opportunities in Pakistan’s onshore and offshore fields are also gaining momentum. Companies from Middle East are showing increasing interest in green and clean energy. They are showing interest in investment in various sectors and are here to explore opportunities.”
A range of Saudi and UAE companies that offer digital solutions to petroleum and household sector had exhibited their products and services at Thursday’s event.
“We are offering digital partnership for the digital transformation of the energy industry, mainly related to petroleum, oil and gas,” said Ammad Ghafoor, a representative for Saudi AVEVA, which provides digital transformation services to Saudi oil giant Aramco and SABIC, a Saudi company active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals.
Polyfab Plastic Industry LLC, a UAE-based manufacturer of HDPE pipes and fittings, UPV pipes and fitting and PVC duct pipes and accessories, also participated in the exhibition for the first time.
“We have been selling our products in other gulf countries and South Africa but this is our first visit to Pakistan to introduce our products here,” Mohsin Ejaz, a representative of Polyfab told Arab News.
Junaid Makda, President of Karachi Chamber of Commerce and Industry, said he had asked Polyfab to come up with a proposal on how the company and its products could help Pakistan save financial resources.
“I have asked them that I will link them with Karachi Water and Sewerage Board for business purposes (for PVC pipes),” Makda said. “They are exporting to other countries but due to RD (Regulatory duty imposed on imports) it was not feasible for them to export to Pakistan but this can now be removed.”

Pakistan ‘wants to play its role’ for peace in Middle East – FO

Updated 12 January 2020

Pakistan ‘wants to play its role’ for peace in Middle East – FO

  • Work on foreign minister’s visit to Saudi Arabia, Iran and the United States being done
  • Pakistan’s strong relations with regional countries has made it an important player

ISLAMABAD: Pakistan Ministry of Foreign Affairs reiterated on Thursday that the country was going to play its role in restoring peace in the Middle East by working with other international stakeholders in the region.

“Pakistan welcomes de-escalation and wants to play its role in ensuring peace and stability in the region. We have seen that indication in United States President [Donald] Trump’s speech and are evaluating its contours,” the country’s foreign office spokesperson, Aisha Farooqui, said in her weekly media briefing in Islamabad on Thursday.

She said that Pakistan’s geographical position, along with its strong relations with regional countries and the United States, had made it a significant player in the Middle East.

“Pakistan has maintained that war is not the solution to any issue and made it clear that it will not become part of any regional conflict,” she said.

The spokesperson noted that Islamabad had enhanced its efforts to defuse tensions in the region and Foreign Minister Shah Mahmood Qureshi had contacted his counterparts in Iran, Saudi Arabia, the United Arab Emirates, Turkey and many other important states in this connection.

“All the international players, including Saudi Arabia, have said that the region cannot afford another war and asked for restraint from both parties [the US and Iran]. It’s a collective objective of all countries to ensure peace and stability in the Middle East,” she said.

Commenting on the foreign minister’s upcoming visit to Iran, Saudi Arabia, and the US, she said that “work on these tours has already started and they will take place as soon as dates are finalized with the respective countries.”

“We are very mindful for our brotherly and friendly relations with Saudi Arabia, Iran, and other regional countries. Pakistan and the US also enjoy longstanding relations and have contacts with each other through multiple forums including political and military leadership,” Farooqui said, adding that the foreign office had established a task force to continuously monitor the situation in the Middle East and inform the government about it along with its suggestions on a daily basis.

The spokesperson expressed hope that recent developments in the Middle East would not affect the ongoing Afghan peace process.

“Pakistan hopes that progress made on Afghan peace process will not come to a halt and the world community will not lose its focus as a result of the ongoing tensions in the Middle East,” she said.

Asked about the safety of Pakistani nationals in Iraq, she said the country’s embassy in Baghdad was on the alert to deal with any emergency situation.

“We are concerned about the safety of Pakistani citizens in Iraq and have issued an advisory in this regard. We have also instructed our mission in Baghdad to remain vigilant to deal with any emergency,” Farooqui said.