Pakistan, Turkiye sign agreement for oil & gas exploration

Pakistan and Turkiye have signed an agreement for oil and gas exploration.

According to the agreement, both the countries will jointly participate in offshore block auctions.

The Turkish state-owned company Turkiye Petrolleri will participate in offshore block auctions alongside Pakistan.

Facilitated by the Special Investment Facilitation Council (SIFC), this joint auction agreement marks a significant step toward boosting foreign investment in the country.