Pakistan and Bangladesh Explore Enhanced Cooperation in Energy and Mineral Sectors

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Islamabad, August 19,2025 Federal Minister for Petroleum, Mr. Ali Pervaiz Malik was called on by the High Commissioner of Bangladesh to Pakistan, His Excellency Mr. Md. Iqbal Hussain, at the Ministry of Petroleum. The discussions focused on strengthening bilateral cooperation in key sectors, including limestone, coal and petroleum products to foster mutual economic growth and energy security. Minister Ali Pervaiz highlighted Pakistan’s commitment to deepening ties with Bangladesh, stating, “Prime Minister Shehbaz Sharif is keen to support our brothers in Bangladesh and enhance cooperation in various sectors. Pakistan values its…

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Federal Minister Ali Pervaiz and US Charge d’Affaires Natalie A. Baker Discuss Enhanced US-Pakistan Cooperation in Oil, Gas, and Minerals

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ISLAMABAD, August 20,2025 Federal Minister for Petroleum Ali Pervaiz Malik, held a meeting with Her Excellency Ms. Natalie A. Baker, the US Charge d’Affaires to Pakistan, at the Ministry of Petroleum. The high-level discussion focused on strengthening bilateral cooperation between the United States and Pakistan in the energy sector, with particular emphasis on oil, gas, and minerals sector. Charge d’Affaires Natalie A. Baker highlighted the significant opportunities for American investment in Pakistan’s energy landscape. “There is a strong and growing interest from US companies in Pakistan’s Oil, Gas, and Minerals…

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PM Shehbaz’s China visit to mark formal launch of CPEC-II

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ISLAMABAD: The government on Tuesday announced that Prime Minister Shehbaz Sharif’s upcoming visit to China later this month will mark the formal launch of the second phase of the China­-Pakistan Economic Corr­idor (CPEC-II), focused on industrial cooperation, after a delay of about five years.“Prime minister’s upcoming visit will mark the formal launch of CPEC Phase-II, with both sides expected to set clear priorities and agree on tangible, measurable outcomes,” said an official announcement quoting Planning Minister Ahsan Iqbal, focal person on the multi-billion-dollar bilateral initiative, as saying at a high-level…

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Pakistan Plays Its Trump Card in Global Minerals Race

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ISLAMABAD: Pakistan is positioning itself as a key player in the global minerals race, eyeing lucrative deals with major powers including the United States and China. With mineral reserves estimated at $8 trillion, Islamabad is seeking strategic partnerships to unlock its vast potential in copper, gold, rare earths and other resources. The US administration has shown growing interest in Pakistan’s minerals sector, aligning with Washington’s recent push to secure rare earths worldwide. A minerals conference hosted in Islamabad earlier this year drew interest from global investors, with both Beijing and…

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Govt Plans to Lift Ban on Gas Connections with Higher Fees, LNG-Based Tariffs

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ISLAMABAD: The government is set to lift the long-standing ban on new gas connections, but at a significantly higher cost — with consumers charged at imported LNG rates of around Rs3,900 per million British thermal unit (mmBtu) and a fourfold increase in connection fees. A summary prepared by the petroleum division has been submitted to the federal cabinet, proposing 120,000 new connections in the first year. Priority will be given to applicants who had previously paid fees or demand notices but were denied service due to the moratorium. About 250,000…

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