Government of Pakistan‚ Oil and Gas Development Limited and Pakistan Petroleum Limited signed two agreements in Islamabad today (Monday).

Under the agreements‚ investment to the tune $176 million will be made in oil and gas sector in the country.

Speaking on the occasion‚ Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said licenses will be issued to 38 companies next month for oil and gas exploration.

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