BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
Business & Finance

Pakistan seeks stronger energy ties with Saudi Arabia, refinery upgrade in focus

  • Thanks Saudi Arabia for extending favorable terms in petroleum supplies
Published Updated

Federal Minister for Petroleum Ali Pervaiz Malik on Thursday held talks with Nawaf bin Said Al-Malki, discussing energy security and options for refinery upgrade, as both sides reaffirmed commitment to deeper bilateral cooperation, his office said.

The meeting focused on strengthening collaboration in the energy sector, with Pakistan expressing appreciation for the Kingdom’s continued support in meeting its petroleum needs during challenging times.

Malik thanked Saudi Arabia for extending favorable terms in petroleum supplies, saying the support has played a key role in addressing the country’s energy requirements.

Both sides reviewed ongoing cooperation in the petroleum sector and exchanged views on enhancing long-term energy collaboration.

Read More: Pakistan, KSA to deepen ties in energy and minerals

The Saudi envoy reiterated the Kingdom’s commitment to supporting Pakistan in overcoming its energy security challenges.

Officials noted that recent technical-level engagements between the two countries have made positive progress toward long-term cooperation. Discussions also covered potential investment and refinery upgrade projects being explored jointly.

The ambassador appreciated Pakistan’s role in promoting regional peace and stability, acknowledging its efforts to maintain balance in a complex geopolitical environment.

Malik underscored Pakistan’s intent to deepen its strategic energy partnership with the Kingdom, particularly with Saudi Aramco, and appreciated Riyadh’s longstanding support.

He added that the government is working to meet the country’s growing energy needs, terming Saudi cooperation as highly valuable in this regard.

Comments

Comments are closed for this article.