Balochistan Energy Company Limited (BECL) is a venture of the Government of Balochistan. BECL is currently at various stages of forming Joint Venture (JV) partnerships with well-established E&P companies operating in Pakistan, and we are open to consider more JV ventures, particularly with companies interested in exploring the vast unexplored area of Balochistan. BECL offers its support and assistance in smoothly conducting E&P business operations in the province. BECL, being a local company based in the provincial capital Quetta, is in an ideal situation to leverage its position to ensure smooth operations and to expedite the required approval processes. BECL is also looking at various options to acquire a exploration license without bidding, since as a provincial holding company this option is available to BECL, and we welcome other proposals for cooperation in this regard. The other important area of engagement for BECL is in Renewable Energy (RE), in which we are already engaged in partnerships and at various stages of feasibility and negotiation with RE companies. Our focus is presently more in the Solar and Wind Energy projects within the province, but certainly not limited to these two areas of RE. Moreover, for companies planning to bring in mew technology to Pakistan for RE resource development, the bidding process is not required. BECL is available to facilitate interested parties in their RE projects in Balochistan. The third main area of current operations is related to LPG. After the grant of approval by OGRA, BECL is moving ahead to complete the process to establish a LPG testing laboratory at Taftan border. The Company is also looking at various options to ensure supplies of Liquid Gases or CNG to remote areas of Balochistan via virtual pipeline as these locations are distant from the gas transmission network. BECL looks forward to receiving proposals from existing and established players in this business and working together for the benefit of all involved.

SYED FIRASAT SHAH;