Pakistan is stepping up efforts to attract foreign investment in its energy and critical minerals sectors, with Petroleum Minister Ali Pervaiz Malik holding separate meetings with representatives of leading international energy companies to discuss new investment opportunities.
According to an official statement, the minister met Gregory Bloom, President of US-based Morgan Hughes Energy, and Ahmed Waleed, CEO of Tijarah Capital. The two companies are collaborating on mineral exploration projects in Balochistan.
During the meeting, Gregory Bloom expressed interest in investing in Pakistan’s oil and gas sector to increase production from existing reserves. Ali Pervaiz Malik reaffirmed the government’s commitment to supporting foreign investors and boosting domestic energy production through a business-friendly environment.
In a separate meeting, the petroleum minister met Karen Gallagher, CEO of Vitol Asia, and congratulated the company on the successful launch of its bunkering operations at Gwadar Port.
The discussions focused on converting high-sulfur fuel oil into very low-sulfur fuel oil (VLSFO), investment opportunities under Pakistan’s new bonded storage policy, and expanding collaboration with global energy companies.
The meetings reflect the government’s broader strategy to attract foreign direct investment (FDI), strengthen domestic energy production, develop Pakistan’s mineral resources, and enhance strategic energy infrastructure.
