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Home Economy

Pakistan, Kuwait Reaffirm Strong Energy Partnership

by Anum Arif
27/11/2025
in Economy
Reading Time: 2 mins read
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Pak and Kuwait

Pakistan and Bahrain set up dedicated teams to boost cooperation in finance, trade, security, and fintech

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Pakistan and Kuwait have reaffirmed their commitment to strengthening cooperation in the petroleum and energy sectors, following a high-level meeting between Pakistan’s Petroleum Minister Ali Pervaiz Malik and Kuwait’s Ambassador Nassar Abdulrahman Jasser Almutairi on Thursday.

During the meeting, Malik extended a warm welcome to the Kuwaiti envoy, praising his constructive efforts in enhancing Pakistan-Kuwait relations. He described Ambassador Almutairi as “a true friend of Pakistan,” noting that the bilateral relationship is built on decades of trust, mutual respect, and collaboration—particularly in energy and petroleum.

Pakistan and Kuwait share a long history of close energy cooperation. Kuwait has supported Pakistan through oil credit facilities, investments in petroleum exploration, and supply of white oil products over the years. Malik reiterated Pakistan’s commitment to further advancing these ties, especially as global energy trends continue to evolve.

Ambassador Almutairi acknowledged Pakistan’s recent progress and improving stability, expressing Kuwait’s strong support for Pakistan’s development. He emphasized that while Pakistan is on a positive trajectory, its progress may be met with envy by adversarial forces seeking to disrupt stability. Nevertheless, he stressed that Kuwait stands firmly with Pakistan and remains committed to seeing it prosper.

Both sides agreed to maintain close coordination and explore new avenues for cooperation within the energy sector, aiming to build on their historic partnership. The renewed focus on collaboration comes at a crucial time, as Pakistan seeks to manage its energy import burden.

Earlier this year, Kuwait extended its oil credit facility to Pakistan for an additional two years—a move that Islamabad has welcomed amid efforts to stabilize the economy. Pakistan is currently supported by a $7 billion International Monetary Fund bailout, which helped avert a potential default. Given that energy imports remain one of the largest drains on foreign reserves, credit facilities and rollovers from partner countries continue to play a critical role in maintaining financial stability.

The reaffirmation of ties highlights the strategic importance of Pakistan-Kuwait cooperation as both countries work toward strengthening energy security and economic resilience.

Tags: Ali Pervaiz Malikenergy cooperationEnergy ImportsKuwaitNassar Abdulrahman Jasser AlmutairiOil Credit FacilityPakistanPetroleum Sector

Anum Arif

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