• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Wednesday, April 29, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

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

by Web Desk
January 17, 2026
in Economy
0
Govt simplifying regulatory environment, harmonising mineral sector framework: petroleum minister
46
SHARES
4.6k
VIEWS
Share on FacebookX

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
Web Desk

Web Desk

Related Posts

Pakistan repays $3.45bn to UAE, confirms central bank

Pakistan repays $3.45bn to UAE, confirms central bank

by Web Desk
April 24, 2026
0

Pakistan has repaid a total of $3.45 billion in deposits to the United Arab Emirates (UAE), the State Bank of...

Pakistan seeks three spot LNG cargoes in first tender since Dec 2023

Pakistan seeks three spot LNG cargoes in first tender since Dec 2023

by Web Desk
April 23, 2026
0

ISLAMABAD: Pakistan LNG Limited (PLL) has issued its first spot tender for liquefied natural gas (LNG) since December 2023, as...

Pakistan receives $1bn from Saudi Arabia as second tranche of $3bn deposit

Pakistan receives $1bn from Saudi Arabia as second tranche of $3bn deposit

by Web Desk
April 21, 2026
0

KARACHI: The State Bank of Pakistan (SBP) confirmed on Tuesday that Pakistan has received $1 billion from the Kingdom of...

Aurangzeb lauds Beijing’s support for Pakistan’s IMF programme during meeting with Chinese counterpart

Aurangzeb lauds Beijing’s support for Pakistan’s IMF programme during meeting with Chinese counterpart

by Web Desk
April 17, 2026
0

Finance Minister Muhammad Aurangzeb met with China’s Finance Minister Lan Fo’an on the sidelines of the World Bank–IMF Spring Meetings...

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

by Web Desk
April 15, 2026
0

WASHINGTON: Saudi Arabia has pledged an additional $3 billion in deposits for Pakistan and extended its existing $5 billion facility...

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

by Web Desk
April 14, 2026
0

Pakistan is exploring multiple financing options, including Eurobonds, loans from friendly countries, and commercial borrowing, to replace a $3.5 billion...

Next Post
Pakistan Condemns India’s Mosque Profiling in Illegally Occupied Jammu and Kashmir

Pakistan Condemns India's Mosque Profiling in Illegally Occupied Jammu and Kashmir

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.