Kuwait's KUFPEC company decided to exit Pakistan due to challenges such as unclear policies, increasing demands for kickbacks from bureaucracy and politicians, a weak judiciary system, and security concerns at drilling sites, which made operations in the country highly difficult for foreign investors. #oilandgas #oilandgascompanies #oilexploration #pakistan
Lack of policies, increasing Kickbacks demand by BURECRACY, politicians, lack of judiciary system and security lapse at drilling sites makes foreign investors operating in Pakistan very difficult.
Yet they expect foreign E&Ps to bid in offshore bid round
Process Engineer, MEng, |E.I.T| AMIChemE | AMMONIA | HYDROGEN | SYN GAS | CCS
9hits stargneg when did this Kuwait company came here in Pakistan . Kuwait is the most unfreindly country towards Pakistan in entire Middle East .. Visa Bans since ages ..