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Home Economy

Govt Simplifying Regulatory Environment, Harmonising Mineral Sector Framework: Petroleum Minister

by Hassan Mustafa Bajwa
January 17, 2026
in Economy
Reading Time: 2 mins read
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Govt simplifying regulatory environment, harmonising mineral sector framework: petroleum minister
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Pakistan is making significant strides in simplifying its regulatory environment and harmonising the mineral sector framework to foster investment and global cooperation, according to Federal Minister for Petroleum Ali Pervaiz Malik.

Highlighting Pakistan’s Mineral Potential at Future Minerals Forum

Speaking at the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, Minister Malik emphasized Pakistan’s vast and diverse mineral resources, positioning the country as an attractive destination for international partnerships. The minister represented Pakistan in high-level discussions aimed at showcasing the nation’s mineral wealth to a global audience.

Key Bilateral Meetings

  • Meeting with HRH Prince Abdulaziz bin Salman Al-Saud, Saudi Arabia’s Minister of Energy, focusing on enhancing cooperation in petroleum supply, renewable energy, energy efficiency, and investment opportunities.
  • Discussions with Saudi Arabia’s Minister of Investment, Engr. Khalid Al-Falih, on boosting investment flows and partnerships in Pakistan’s energy and minerals sectors.
  • Engagements with leaders from the International Energy Forum, Metso Corporation, Delta Oil, and Saudi EXIM Bank to explore mutual cooperation prospects.

Participation in Ministerial Panels and Roundtables

Minister Malik took part in a ministerial panel titled “Dawn of a Global Cause: The Role of Governments in Driving Mineral Supply,” moderated by CNN anchor Eleni Giokos. The panel included ministers from Saudi Arabia, Morocco, Mauritania, Chile, and Canada, who acknowledged Pakistan’s rising prominence as a mineral destination. Giokos noted the growing international interest in Pakistan’s mineral potential.

Additionally, Malik attended the FMF Ministerial Roundtable, “Dawn of a Global Cause: Minerals for a New Era of Development,” which brought together representatives from 100 governments.

Inviting Global Stakeholders

The minister extended a formal invitation to global investors and partners to participate in the Pakistan Minerals Investment Forum scheduled for April 2026. This event is intended as a platform for investment, collaboration, and policy dialogue in the mineral sector.

Showcasing Pakistan’s Mineral Sector

Pakistan’s presence at FMF was further enhanced by the “Pakistan – The Mineral Marvel” pavilion, featuring live demonstrations of the National Minerals Data Center (NMDC). This digital platform supports the modernisation of Pakistan’s mineral sector with advanced tools such as 3D geological modelling, GIS mapping, and real-time data visualisation of mineral-rich regions.

The country also hosted a 90-minute session highlighting its mineral resources. Minister Malik outlined Pakistan’s strategic vision for critical minerals, emphasizing the government’s support for investors and the role of mineral development in the global transition toward electrification.

Reko Diq: Setting New Mining Standards

Minister Malik described the Reko Diq project as a benchmark that will establish new standards in mining. The upcoming Pakistan Minerals Investment Forum will focus on themes “Beyond Reko Diq,” reflecting the project’s significance. The session was also attended by Deputy Minister of Mineral Resources Mr. Abdulrahman Al-Belushi.

Commitment to Responsible Mineral Development

Pakistan’s active participation at the Future Minerals Forum underscores the government’s dedication to responsible mineral development, fostering global cooperation, and promoting investment-led growth. This engagement positions Pakistan as a key partner in addressing future global mineral demands.

Tags: Ali Pervaiz Malikenergy cooperationFuture Minerals ForumGlobal Partnershipsmineral resourcesMineral SectorMining InvestmentMining StandardsPakistanRegulatory Reformreko diqSaudi Arabia

Hassan Mustafa Bajwa

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