Islamabad — Pakistan and the United States are moving toward closer cooperation in the energy sector, with a particular focus on oil, gas, and mineral resources.
Federal Petroleum Minister Ali Pervaiz Malik met with US Charge d’Affaires Natalie A. Baker on Wednesday, where both sides highlighted fresh opportunities for investment and technological collaboration.
US Firms Signal Growing Interest
Baker noted that American companies are increasingly drawn to Pakistan’s energy landscape, particularly in exploration and production. She said the US Embassy would help connect American investors directly with local firms to accelerate joint ventures.
“This is an area where US technology and capital can make a real difference,” Baker stressed, adding that Washington sees economic cooperation as a natural extension of its broader ties with Pakistan, which have traditionally centered on security.
Pakistan Opens New Avenues in Oil & Gas
Minister Malik welcomed US interest, pointing out that Pakistan is preparing to auction new offshore and onshore exploration blocks. He emphasized that the country’s largely untapped shale oil and gas reserves represent a significant opportunity for foreign investors.
“Converting these indigenous resources into proven reserves is a central goal of our government,” Malik said, noting that US companies are already exchanging data and technical insights with Pakistani counterparts.
Building on Early Success
Both officials praised the recent “Direct Line” webinar that connected US firms with Pakistan’s mineral sector, describing it as a useful model for future collaboration in oil and gas as well.
The meeting concluded with a joint pledge to expand cooperation, with Pakistan offering access to new exploration projects and the US bringing investment and expertise.
Why This Matters
Pakistan faces recurring energy shortages and heavy reliance on imported fuel, while the US is looking to deepen its economic footprint in South Asia. If carried forward, this partnership could help Pakistan diversify its energy mix and reduce import dependence, while giving American firms access to one of the region’s underdeveloped but resource-rich markets.