Ali Pervaiz vows full support for foreign investment in Pakistan
July 24, 2026

Minister for Petroleum Ali Pervaiz Malik has assured the federal government's full support for enhancing local energy production and promoting foreign investment.

He gave this assurance while talking to representatives of international energy companies, which called on him separately in Islamabad today.

Those who called on the Federal Minister included Gregory Bloom, the President of American energy company Morgan Hughes Energy,  Ahmed Waleed, the CEO of Tejara Capital and Karen Gallagher, the CEO pof Vitol Asia.

Morgan Hughes Energy and Tejara Capital are working together on mineral projects in Balochistan.

During the meetings, the representatives of international energy companies agreed on investment in Pakistan's energy and critical minerals sectors.

Speaking on the occasion, the President Morgan Hughes Energy showed his keen interest for making investment to increase the production of Pakistan's existing oil and gas fields.

In his meeting with the CEO of Vitol Asia, Ali Pervaiz Malik congratulated Vitol Asia on the successful start of bunkering operations in Gwadar.

He said Vitol Asia will enjoy the government's complete support for its project to convert high-sulfur fuel oil into very low-sulfur fuel oil.

The meeting also reviewed the opportunities available under Pakistan's new bonded storage policy.

 
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