ISLAMABAD, Oct 26 (APP):Federal Minister for Petroleum Ali Pervaiz Malik on Monday held a meeting with US Chargé d’Affaires Natalie A. Baker to discuss avenues for strengthening bilateral cooperation in the energy sector.
During the meeting, the Federal Minister briefed the US Chargé d’Affaires on the measures taken by Pakistan to ensure energy security amid the evolving geopolitical situation.
He highlighted that the ongoing conflict in the Middle East had created challenges for fuel availability, requiring proactive measures to maintain uninterrupted supplies.
Natalie A. Baker congratulated Pakistan on efficiently managing the fuel supply situation, noting that the country had not experienced a fuel shortage despite the challenging regional circumstances.
The Federal Minister underscored Pakistan’s commitment to securing its energy needs and highlighted the ongoing engagement between the teams of both countries to explore opportunities for cooperation.
He noted that Pakistan’s refinery upgradation programme could offer investment opportunities for US financial institutions.
The US Chargé d’Affaires expressed the United States’ desire to work closely with Pakistan to address its energy needs.
She emphasized the importance of creating opportunities for US companies in Pakistan and expressed optimism about establishing long-term energy supply contracts, noting that such arrangements would be mutually beneficial and create opportunities for American businesses.
During the meeting, the Managing Directors of Pakistan State Oil (PSO) and Pakistan LNG Limited (PLL) briefed the participants on the interest shown by US companies in LNG supply to Pakistan.
Ali Pervaiz Malik invited US companies to participate in the upcoming Pakistan Minerals Investment Forum (PMIF), highlighting the investment opportunities available in Pakistan.
The Federal Minister expressed deep appreciation for US support and emphasized that enhanced bilateral engagement would help strengthen energy cooperation and contribute to Pakistan’s long-term energy security.
Source: APP (Associated Press of Pakistan)
