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ECONOMYMarkets · Policy · Power
Economy

Pakistan, Turkiye sign agreement for oil & gas exploration

WDWeb DeskPublished 1 min read
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Pakistan and Turkiye have signed an agreement for oil and gas exploration.

According to the agreement, both the countries will jointly participate in offshore block auctions.

The Turkish state-owned company Turkiye Petrolleri will participate in offshore block auctions alongside Pakistan.

Facilitated by the Special Investment Facilitation Council (SIFC), this joint auction agreement marks a significant step toward boosting foreign investment in the country.

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