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Energy

Pak-Turkish reiterated to get goal of $5 billion in bilateral trade

By TT
December 2, 2025 3 Min Read
0

ISLAMABAD (DEC 2) – Federal Minister for Petroleum Mr. Ali Pervaiz Malik held a delegation level meeting today with the Minister of Energy and Natural Resources of the Republic of Turkiye, Mr. Alparslan Bayraktar, to discuss avenues for deepening cooperation in the oil & gas, and mining sectors.

Welcoming the Turkish delegation, Minister Ali Pervaiz Malik said that Pakistan attaches the highest importance to its longstanding brotherly relations with Turkiye. He noted that Prime Minister Muhammad Shehbaz Sharif considers President Recep Tayyip Erdoğan his brother, and that this spirit of friendship guides Pakistan’s commitment to expand bilateral cooperation across strategic sectors.

The Turkish delegation was led by Minister Alparslan Bayraktar and included Deputy Minister Ahmet Berat, the Director General of MTIAC, and the Director General of TPAO, along with other senior officials.

Minister Bayraktar, while expressing gratitude for the warm reception, highlighted the growing momentum in Pakistan Turkiye relations. “This is my third visit to Pakistan in a short span of time,” he said. “During President Erdoğan’s last visit to Pakistan, he told me before leaving that I must come back and today I am glad to return with the first tangible, solid projects in Pakistan.”

He added that Turkiye is planning to develop additional ventures in partnership with Pakistan, particularly in oil & gas exploration, energy infrastructure, and the mining sector. “To achieve our shared goal of $5 billion in bilateral trade, significant contributions will come from deeper collaboration in energy and mining,” Minister Bayraktar noted.

Referring to his participation in the Pakistan Minerals Investment Conference, the Turkish Minister emphasized that the event clearly demonstrated Pakistan’s vast mineral potential. “That is why I have brought a Turkish mining company with me,” he said. “It is a milestone for Turkiye to enter the mining sector with Pakistan, and we look forward to building long-term, mutually beneficial partnerships.”

During the meeting, the Managing Directors of Mari Energies, Oil & Gas Development Company Limited (OGDCL), and Pakistan Petroleum Limited (PPL) gave detailed presentations on their ongoing and planned projects. They highlighted promising opportunities for collaboration with Turkish counterparts in oil and gas exploration, mining.MD OGDC in his presentation briefed the participants about the Company’s core business and its diversification into Reko Diq project. MD OGDC also informed about Pakistan’s first shale gas pilot project currently underway and ongoing activities in the tight gas domain. MD OGDC invited Turkish side to join OGDC’s unconventional hydrocarbon program both as joint venture partners and technology partners.

Mr Alparslan Bayraktar and Mr. Ali Pervaiz Malik decided that the office of Turkish Petroleum will be opened in Islamabad this month where ten Turkish nationals will be working along with local staff. They also agreed to explore the concept of adopting a unified approach by incorporating a joint trading company for the procurement of petroleum to meet their respective energy requirements.
They underscored Pakistan’s substantial untapped potential and the readiness of key national energy companies to work closely with Turkish partners.

Both sides agreed to enhance investment facilitation, and expand collaboration to unlock the full potential of Pakistan Turkiye energy cooperation. After the meeting, both ministers left together for Prime Minister house for the signing ceremony of significant agreements. ends

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