Pakistan-US energy supply deals

Pakistan and the United States have discussed expanding energy cooperation, including potential long-term fuel supply agreements, liquefied natural gas (LNG) imports and investment in Pakistan’s oil refinery upgrades.

The discussions took place on October 26, 2026, during a meeting between Federal Petroleum Minister Ali Pervaiz Malik and US Chargé d’Affaires Natalie A. Baker in Islamabad. The talks come as the conflict in the Middle East raises concerns about energy supplies and the availability of imported fuel.

Pakistan Seeks Reliable Energy Supplies

During the meeting, Malik briefed the US diplomat on measures Pakistan has taken to protect its energy security and maintain uninterrupted fuel supplies amid regional uncertainty.

Baker praised Pakistan’s handling of the situation, noting that the country had avoided a fuel shortage despite the challenging circumstances. She also expressed Washington’s interest in working closely with Islamabad to address its energy needs.

Both sides discussed opportunities to strengthen cooperation and establish longer-term arrangements that could improve the reliability of energy supplies.

US Companies Show Interest in LNG Supplies

Representatives of Pakistan State Oil (PSO) and Pakistan LNG Limited (PLL) briefed the meeting on interest from US companies in supplying LNG to Pakistan.

LNG is an important energy source for Pakistan’s power generation, industry and households. Potential supplies from American companies could help diversify the country’s sources of imported gas as officials seek to manage disruptions affecting regional energy markets.

However, no final LNG supply agreement was announced. The companies involved, proposed shipment volumes, prices and contract durations have not been publicly specified.

Pakistan Offers Opportunities for Refinery Investment

The petroleum minister also highlighted Pakistan’s refinery upgradation programme as a potential investment opportunity for US financial institutions.

Modernising existing refineries could help improve processing capabilities and the quality of petroleum products. The initiative may also create opportunities for international financing and cooperation with energy-sector companies.

Baker stressed the importance of creating business opportunities for American firms in Pakistan and expressed optimism about the prospects for long-term energy supply contracts.

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US Firms Invited to Pakistan Minerals Investment Forum

During the meeting, Malik invited American companies to participate in the upcoming Pakistan Minerals Investment Forum (PMIF), highlighting opportunities for investment in the country.

The invitation reflects Pakistan’s broader effort to attract foreign investment across energy, minerals and related industries while strengthening its economic ties with the United States.

The two countries are continuing discussions to identify areas for cooperation. The practical impact on Pakistan’s energy security will depend on whether these talks lead to formal agreements and commercially viable supply arrangements.

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