ExxonMobil discusses LNG needs, offshore drilling with Maritime minister

ISLAMABAD: Oil and gas giant ExxonMobil called on Minister for Maritime Affairs Ali Haider Zaidi in the federal capital on Tuesday, the ministry’s official Twitter account said.

ExxonMobil chairman Alex Volkov, along with his team, held productive discussions with the minister relating to LNG requirements in Pakistan and the offshore drilling project off the coast of Karachi.

Pakistan, with the help of the US-based oil and gas exploration firm ExxonMobil and Eni Pakistan Limited, began offshore drilling in ultra-deep waters near Karachi coast earlier this year in a bid to find huge oil and gas deposits estimated to be worth over $100 million.