ISLAMABAD - Prime Minister Syed Yousuf Raze Gilani has said that in the face of growing energy demand in the country by every passing day it was the need of the hour to mobilize all available resources to bridge the yawning supply and demand gap. Talking to his Advisor on Petroleum and Natural Resources Dr. Asim Hussain at the Prime Ministers House here on Monday, Gilani stressed the need for taking concerted efforts to formulate cogent policies for optimal utilization of the untapped hydrocarbon resources of the country. The Prime Minister said that the country has abundant hydrocarbon and coal resources and emergent measures should be taken to intensify the oil and gas exploration activities in the country. He directed the Ministry of Petroleum and Natural Resources to devise investor-friendly policies to attract direct and indirect foreign investment in the country. While referring to the governments decision to revamp the board of directors and management of the oil and gas public sector companies, the Prime Minister asked Dr. Asim, that competency shall be the hallmark of all selection to the key positions as this would help strengthen the overall economic growth of the country. He said that issues pertaining to the oil and gas sector must be resolved once and for all so that all the attention should be focused on the development on the economic progress of the country. Commenting on the importance of furnace oil for the running of IPPs, the Prime Minister said that joint efforts must be made by all the relevant government entities to resolve the issues of circular debt. He expressed the confidence that positive development would be made in the field of exploration as well as import of natural gas for the country. Asim briefed the Prime Minister about the progress made so far on the revamping of the oil and gas public sector companies in the country. He also informed the Prime Minister about the ongoing process for the exploration and import of oil and gas products in the country. He said that as per the direction of the Prime Minister attention has been focused for provision of maximum relief to the public at large. He also apprised the Prime Minister about his upcoming visit to India in connection with the TAPI Gas Pipeline project. The Prime Minister asked him to convey his best wishes to Indian leadership, particularly Dr. Manmohan Singh, the Prime Minister of India. The Prime Minister also asked Asim for keeping him abreast with the affairs of the Ministry of Petroleum and Natural Resources.