US Chargé d’Affairs Natalie A. Baker met Federal Minister for Petroleum Ali Pervaiz Malik to discuss Pakistan’s energy security, uninterrupted fuel supplies and opportunities for bilateral cooperation in the energy sector amid the evolving situation in the Middle East.
During the meeting, the US diplomat expressed Washington’s interest in working closely with Pakistan to meet its energy requirements and highlighted the importance of creating business opportunities for American companies in the country.
She said long-term energy supply agreements between Pakistan and the United States could prove mutually beneficial for both countries.
The meeting was also briefed on the interest of US companies in supplying liquefied natural gas (LNG) to Pakistan, in connection with discussions involving the managing directors of Pakistan State Oil (PSO) and Pakistan LNG Limited (PLL).
Ali Pervaiz Malik apprised the US diplomat of the measures being taken by Pakistan to safeguard its energy needs and ensure the continuity of fuel supplies. Baker appreciated Pakistan’s handling of the prevailing fuel supply situation.
The petroleum minister said Pakistan remained committed to protecting its energy security and that the teams of both countries were exploring new avenues for cooperation in the energy sector.
He noted that Pakistan’s refinery upgrade projects could offer investment opportunities for US financial institutions, particularly in financing the modernisation of the country’s refining infrastructure.
The minister also invited American companies to participate in the Pakistan Minerals Investment Forum, highlighting the significant investment potential in Pakistan’s mineral sector.
He said enhanced US cooperation and stronger bilateral engagement could contribute to Pakistan’s long-term energy security.
Ali Pervaiz Malik expressed appreciation for American cooperation in the energy sector and reiterated Pakistan’s interest in expanding mutually beneficial partnerships with US companies.