Pakistan, US discuss long-term energy supply contracts

Pakistan and the United States have explored deeper energy ties, including possible multi-year supply arrangements and American financing for upgrades to Pakistani refineries, Business Recorder reported. The discussion took place on Monday between Petroleum Minister Ali Pervaiz Malik and US Chargé d’Affaires Natalie A. Baker. Malik outlined steps to protect fuel availability, while Baker welcomed Pakistan’s handling of supplies amid regional pressures.

The talks also covered potential US company participation in Pakistan’s energy market. Managing directors of Pakistan State Oil and Pakistan LNG Limited told the meeting that American firms had shown interest in delivering liquefied natural gas, while Baker voiced support for cooperation on Pakistan’s energy requirements. Malik also encouraged US businesses to consider the Pakistan Minerals Investment Forum. No supply contract or refinery investment was announced.