Libya Offers Oil to Pakistan
Pakistan has encouraged domestic refineries to explore importing crude oil from Libya as it seeks to diversify supplies amid global … Read More The post Libya Offers Oil to Pakistan appeared first on ProPakistani .
The Pakistani Petroleum Minister, Ali Pervaiz Malik, announced on Monday during a meeting at the 17th International Energy Forum (IEF) in Riyadh that Pakistan is considering importing crude oil from Libya. This move is part of Pakistan's strategy to diversify its energy sources, in response to global energy disruptions and to strengthen its energy security.
Malik discussed the idea of diversification with his Libyan counterpart, Oil and Gas Minister Khalifa Rajab Abdulsadek, with the aim of bolstering Pakistan's energy security and maintaining alternative supply routes.
In case of disruptions to major maritime passages like the Strait of Hormuz or the Bab al-Mandeb Strait, diversifying crude oil sources could protect Pakistan from supply interruptions. Abdulsadek expressed willingness to allocate more crude oil to Pakistani buyers, and mentioned that Libya is planning to upgrade its refineries, showing interest in learning from Pakistan's refinery modernization experience.
Meanwhile, Turkish Energy Minister Alparslan Bayraktar is expected to visit Pakistan next month. He is expected to receive a seismic vessel from Türkiye's national oil company, TPAO, which will begin data acquisition in the Indus Basin. This vessel will contribute to Pakistan's effort to explore its domestic energy resources.
Malik also had discussions with Qatar's Energy Minister Saad Sherida Al-Kaabi regarding possible cooperation in the liquefied natural gas sector. Despite Pakistan's heavy reliance on imported energy, the country has managed to avoid rationing major energy sources during the global energy supply shock in 2026. This avoidance is thanks to support from Saudi Arabia, Qatar, and Kuwait.
Malik also highlighted that Pakistan is striving to enhance long-term energy security through strategic reserves, increased domestic production, investments in refineries and storage facilities, improved energy markets, and targeted relief measures. He emphasized the need for international investment frameworks that balance energy security, sustainability, affordability, and access.
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