Pakistan, US Explore Greater Cooperation in Energy Sector
Federal Minister for Petroleum Ali Pervaiz Malik met with US Charge d’Affaires Natalie A. Baker on Wednesday to discuss strengthening bilateral ties in oil, gas, and mineral sectors.
Baker highlighted growing opportunities for American investment in Pakistan’s energy landscape, stating that the US Embassy will facilitate direct partnerships between American and Pakistani companies in the Exploration & Production (E&P) sector.
Malik welcomed the interest, noting upcoming bidding rounds for offshore and onshore oil and gas blocks, along with Pakistan’s untapped shale reserves. “Converting indigenous resources into tangible reserves is a key government target,” he added.
Both sides praised the recent “Direct Line” webinar, which connected US investors with Pakistan’s mineral sector, and expressed intentions to replicate its success in the oil and gas industry.
The meeting concluded with a joint commitment to leverage US technology and investment to boost Pakistan’s energy sector and foster mutual economic growth.
