Vopak to Invest $2.8 Billion in Pakistan
08.28.2019 By Ricardo Perez - NEWS

August 28, 2019 [Associated Press of Pakistan] – World fame Dutch oil company, Royal Vopak is going to invest $ 2.8 billion in Pakistan due to improved investment regime and conducive business environment being provided by the government.

 
A delegation of Royal Vopak called on Adviser to Prime Minister on Commerce, Textile, Industries and Production, and Investment, Razak Dawood to discuss the new opportunities for investment related to Terminal and Storage Facilities of Liquefied Natural Gas (LNG) in Pakistan.

Royal Vopak N.V. is a Dutch company that stores and handles various oil, chemicals, edible oils and natural gas-related products all over the world , said a press release issued by ministry of commerce here on Tuesday.

The Adviser to the PM urged the delegation to invest in Pakistan owing to its improved global ranking in Ease of Doing Business Index by 11 points.

In this regard, Pakistan has launched a program titled Regulatory Guillotine to ease the business regulations to facilities investors.

 
————-
 

Click Here to Access Today a 4,900 Tank Terminal Database With a Pro Trial
Click on the button and register to get instant access to actionable tank storage industry data

NextChem (MAIRE) Awarded the Licensing and Process Design Package for a Sustainable Aviation Fuel (SAF) Project Based on its Proprietary NX PTU™ and NX SAF™ BIO Technologies in Indonesia
12.20.2024 - NEWS
December 20, 2024 [Maire Group]- MAIRE (MAIRE.MI) announces that NEXTCHEM (Sustainable Technol... Read More
U.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. crude oil exports to northwest Europe are likely to slip early ... Read More
Energy Transfer's Unit Signs LNG Agreement with Chevron
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. pipeline operator Energy Transfer said on Thursday its unit has... Read More
Kinder Morgan's Unit to Go Ahead with $1.4 bln Mississippi Crossing Project
12.20.2024 - NEWS
December 20, 2024 [Reuters]- Kinder Morgan said on Thursday its unit Tennessee Gas Pipeline will ... Read More