Govt, KP step up energy coordination amid global market volatility

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MG News | September 17, 2026 at 05:33 PM GMT+05:00

September 17, 2026 (MLN): Volatility in international petroleum markets and disruptions in global energy supplies have prompted the federal and Khyber Pakhtunkhwa governments to step up coordination on oil and gas supplies, exploration and production (E&P) security, and the province’s broader energy challenges.

Federal Minister for Petroleum Ali Pervaiz Malik and Khyber Pakhtunkhwa Minister for Energy and Power Nazir Ahmed Abbasi discussed these issues during a meeting on Thursday, agreeing to strengthen coordination on strategic energy matters.

Ali Pervaiz Malik briefed the KP minister on the prevailing oil supply situation and developments in international petroleum markets, noting that global market pressures were also affecting Pakistan’s domestic energy sector, according to APP.

He said the federal government remained committed to maintaining stable and uninterrupted energy supplies despite external challenges.

The petroleum minister also said the government, in coordination with security forces, was developing a comprehensive plan to improve security for E&P activities across Khyber Pakhtunkhwa.

He stressed that a secure operating environment was necessary to sustain existing exploration activities and attract further investment into the province’s oil and gas sector.

Nazir Ahmed Abbasi acknowledged the need to resolve security concerns affecting E&P operations and assured the federal government of the provincial administration’s full cooperation.

Both sides agreed that closer coordination between the federal government, security forces and the KP government would be necessary to establish a secure environment for exploration and production activities.

They noted that greater E&P activity in the province could help strengthen Pakistan’s domestic energy security while also increasing royalty revenues for Khyber Pakhtunkhwa.

The KP energy minister highlighted the province’s strong exploration potential, noting that the success ratio of wells in the province remained above the global average.

The meeting also discussed gas supply challenges facing Khyber Pakhtunkhwa. Ali Pervaiz Malik said the ongoing war and disruptions in international energy markets were putting pressure on gas supplies.

He added that supply and distribution arrangements could be reviewed once the situation improves and market conditions become clearer.

Nazir Ahmed Abbasi proposed establishing a provincial LPG company to cater to the energy requirements of people living in hilly and remote areas, using the 10% LPG quota allocated for such regions under the LPG Policy.

Officials from the Petroleum Division briefed the meeting on LPG allocations for hilly and forest areas and assured that detailed information on allocations and supplies would be provided to the KP government.

Ali Pervaiz Malik directed the relevant Petroleum Division officials to maintain close coordination with the KP Energy Department and extend all possible assistance in resolving the province’s energy-related concerns.

The federal minister further said Prime Minister Muhammad Shehbaz Sharif had directed the government to facilitate the public and protect the interests of the state.

He stressed that political differences should not hinder public welfare and called for collective efforts by all stakeholders to address issues affecting the people.

Nazir Ahmed Abbasi endorsed the approach, saying the federal and provincial governments should jointly identify problems and develop practical solutions to improve conditions for the people of Khyber Pakhtunkhwa.

The meeting concluded with a reaffirmation of both governments’ commitment to stronger coordination, increased energy-sector investment, enhanced security for E&P operations and improved energy access across the province.

Secretary Energy and Power, Government of Khyber Pakhtunkhwa, also attended the meeting.

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