Custom Search
free counters

FEEDJIT Live Traffic Feed

About Me

Sunday, April 11, 2010

Hungarian company to invest in Pak oil sector

Hungarian 
company to invest in Pak oil sectorISLAMABAD: Hungarian oil and gas company MOL will invest $180 million in Pakistan for oil and gas exploration, Geo News reported Sunday.

Talking to media here, MOL Pakistan managing director Janos Feher said the company has invested $822.5 million in Pakistan during the last ten years, adding the Company will invest $8 million in Margalla Block during 2010.

At least $3.5 million would be spend in Karak Block.

Janos said the Margalla Block adjacent to the federal capital has promising prospects of gas generation.

0 comments:

Post a Comment

MORE NEWS !

Blog Archive