Pakistan, US agree to enhance cooperation in energy sector

Read:Pakistan, US agree to deepen energy ties. Natalie congratulated Pakistan on efficiently managing the fuel supply situation, noting that the country had not experienced a fuel shortage despite the challenging regional circumstances. Federal Minister Ali Pervaiz Malik met US CDA H.E.

Natalie A. Baker to discuss enhanced energy cooperation. Both sides explored opportunities in LNG supplies, refinery upgradation and long-term energy contracts to strengthen Pakistan’s energy security and attract US investment.pic.twitter.com/TBjxCBu4CH— Petroleum Division, Ministry of Energy (@Official_Pet.

Div)October 26, 2026The 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 further noted that Pakistan’s refinery upgradation programme could offer investment opportunities for US financial institutions.

Cd'A Baker expressed the desire to work closely with Pakistan to address its energy needs. She emphasised 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.

The managing directors of Pakistan State Oil and Pakistan LNG Limited briefed the participants on the interest shown by US companies in LNG supply to Pakistan. Malik invited US companies to participate in the upcoming Pakistan Minerals Investment Forum, highlighting the investment opportunities available in Pakistan.

Read More:US eyes investment in IT, mining, energy. He also expressed deep appreciation for US support and emphasised that enhanced bilateral engagement would help strengthen energy cooperation and contribute to Pakistan’s long-term energy security.

On October 25, Gilgit-Baltistan Chief Minister Advocate Amjad Hussain Azar said that the US had showninterestin investing in the region's energy sector, and that a public-private partnership unit had been established for that purpose.

On September 2, Oil and Gas Development Company Limited (OGDCL)signeda contract with Baker Hughes, a US energy technology company, to deploy Mature Assets Solutions aimed at revitalising ageing oil and gas wells and increasing Pakistan's indigenous hydrocarbon production. Also Read:OGDC turns to US firm to boost oil output.

Mature Assets Solutions was designed to unlock greater value from established fields experiencing natural production decline. Baker Hughes would bring technical expertise, advanced technologies and integrated capabilities to support OGDCL in identifying production opportunities across mature assets.

The partnership was part of OGDCL's comprehensive Production Optimisation Drive. Natalie, who attended the signing ceremony, described theagreementas a milestone in the US-Pakistan energy partnership, saying energy was a foundation of economic security and that collaboration would advance the shared goal of strengthening Pakistan's energy security.

On February 22, in ameetingbetween Finance Minister Muhammad Aurangzeb and US Secretary of Commerce Howard Lutnick in Washington, the US expressed interest in investing in Pakistan's IT, mining, minerals and energy sectors.