US Particular Envoy Hochstein seeks to rev up Pakistan’s power sector

Energy Envoy

Amos Hochstein, Particular Envoy for Worldwide Vitality Affairs on the U.S. Division of State, met with the American Enterprise Council’s (ABC) Government Committee in Karachi to debate its power wants and challenges. ABC President Arshad Saeed Husain and ABC Vice President Amin Muhammad Khowaja greeted the U.S. delegation, which included Andrea Richter, Chief of Workers, State Division Vitality Bureau; James Schwemlein, Senior Advisor, Workplace of the Particular Consultant for Afghanistan and Pakistan, Mike Curtis, Director of U.S. Company for Worldwide Growth (USAID) Pakistan’s Vitality Workplace; and Chad Peterson, U.S. Consulate Karachi Political and Financial Chief.
“I welcome the chance to fulfill with the leaders of the American Enterprise Council in Karachi to proceed our joint effort to assist Pakistan higher meet its power wants” mentioned Mr. Hochstein. “Collectively, these American companies have collectively invested greater than $750 million in Pakistan they usually generate revenues of greater than $3.7 billion.”
To assist these companies proceed to broaden, “an sufficient, secure provide of energy is essential,” mentioned the U.S. particular envoy. “When companies develop, the financial system grows and that, in flip, creates a lot wanted jobs that broaden the U.S.-Pakistan commerce and funding relationship and assist Pakistanis feed and care for his or her households.”
Highlighting U.S. power help to Pakistan, Mr. Hochstein famous {that a} U.S. agency, Excelerate Vitality, has put in a Floating Storage and Regasification Unit (FSRU) to permit Pakistan to import liquefied pure fuel (LNG) for the primary time. “We’re very pleased with the position that america has performed in introducing LNG to Pakistan,” Mr. Hochstein mentioned.

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