GOREX.PK and OMAP Forge Landmark Agreement to Revolutionize Pakistan’s Oil & Gas Industry – Fintech News Pakistan

In a transformative move for Pakistan’s oil and gas sector, GOREX Pakistan and OMAP have signed a landmark agreement aimed at introducing groundbreaking technology. Mr. Asim Jamil, Chairman of GOREX Pakistan, and Mr. Tariq Wazir Ali, Chairman of OMAP, formalized the collaboration to usher in a new era of digitalization within the industry, leveraging the Pak-Saudi Corridor to maintain global competitiveness.

The innovative system unveiled by GOREX is designed to streamline operations, enhance efficiency, and drive technological advancement in the oil and gas sector. This initiative is aligned with broader national goals of modernizing Pakistan’s industrial capabilities and integrating advanced technological solutions to foster sustainable growth.

Masroor Khan, Chairman of the Oil and Gas Regulatory Authority (OGRA), lauded this forward-thinking initiative. He emphasized the critical role of such advancements in ensuring the sector remains globally competitive and called upon Oil Marketing Companies (OMCs) to adopt and support the new system, highlighting its potential to significantly enhance operational effectiveness.

The agreement signing ceremony was attended by several key figures, including Senior Vice Chairman Tariq Mehmood, Chief Coordinator Nadeem Mirza, and Syed Riaz Ud Din, CEO of Gorex.pk. Other notable attendees included Usama Akhtar, Shiza Asad, Zayn Tariq, Imran Ahmed, and various industry professionals from both GOREX and OMAP.

“This partnership marks a pivotal moment for Pakistan’s oil and gas industry,” said Mr. Asim Jamil. “By leveraging cutting-edge technology, we are poised to revolutionize the sector, making it more efficient and competitive. The Pak-Saudi Corridor will play a crucial role in this transformation, providing a robust framework for innovation and growth.”

Mr. Tariq Wazir Ali echoed these sentiments, expressing optimism about the future of the industry. “Our collaboration with GOREX is a step towards a more digitalized and efficient oil and gas sector. This system will not only streamline our processes but also set new standards for operational excellence.”

The event underscored the commitment of both organizations to drive technological advancement in Pakistan’s oil and gas sector. With the support of regulatory bodies like OGRA and the active participation of industry stakeholders, the new technology system is set to pave the way for a more innovative and sustainable future.

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