ISLAMABAD, October 26, 2026: Pakistan and the United States have agreed to strengthen cooperation in the energy sector, with discussions focusing on long-term fuel supplies, liquefied natural gas (LNG) imports and investment opportunities in Pakistan’s refinery upgradation programme.
The development came during a meeting between Federal Minister for Petroleum Ali Pervaiz Malik and US Chargé d’Affaires Natalie A. Baker in Islamabad on Monday.
The meeting focused on expanding bilateral energy cooperation as Pakistan seeks to safeguard fuel supplies amid geopolitical tensions and disruptions affecting energy markets in the Middle East.
Pakistan outlines measures to ensure energy security
During the meeting, Malik briefed the US diplomat on measures taken by the government to maintain uninterrupted fuel supplies despite challenges arising from the ongoing conflict in the Middle East.
He said the evolving regional situation had created difficulties for fuel availability, requiring proactive planning and coordination to protect Pakistan’s energy requirements.
Baker congratulated Pakistan on its management of the fuel supply situation, noting that the country had avoided shortages despite challenging regional circumstances.
The petroleum minister reaffirmed Pakistan’s commitment to strengthening energy security and said officials from both countries were already engaged in exploring opportunities for cooperation.
US investment opportunities in refinery upgrades
Malik highlighted Pakistan’s refinery upgradation programme as a potential investment opportunity for US financial institutions.
The programme was among the areas discussed as both sides considered ways to expand American participation in Pakistan’s energy sector.
Baker expressed Washington’s interest in working closely with Islamabad to address its energy requirements.
She emphasised the importance of creating opportunities for US companies in Pakistan and expressed optimism about developing long-term energy supply contracts.
According to the discussions, such arrangements could support Pakistan’s energy needs while providing commercial opportunities for American businesses.
US companies show interest in LNG supplies
Managing directors of Pakistan State Oil (PSO) and Pakistan LNG Limited (PLL) also participated in the meeting and briefed the officials on interest expressed by US companies in supplying LNG to Pakistan.
The discussions highlighted the potential for greater commercial engagement in LNG procurement and long-term energy supply arrangements.
The petroleum minister also invited American companies to participate in the upcoming Pakistan Minerals Investment Forum (PMIF), drawing attention to investment opportunities in the country’s minerals sector.
Malik appreciated US support and said closer bilateral engagement would contribute to Pakistan’s long-term energy security.
The meeting reflected the two countries’ interest in expanding energy-sector cooperation through investment, commercial partnerships and continued dialogue. No specific investment agreement or supply contract was announced.