Pakistan, Bangladesh power up ties amid energy crunch

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MG News | November 03, 2026 at 10:27 AM GMT+05:00

November 03, 2026 (MLN): Pakistan and Bangladesh have discussed their strategies for managing the unprecedented global energy crisis, including ensuring uninterrupted fuel supplies and softening the impact of rising market uncertainty on their economies.

Both sides stressed the importance of continued engagement and of sharing experiences to address common energy challenges and build resilience against future supply disruptions.

Federal Minister for Petroleum Ali Pervaiz Malik met Bangladesh’s Advisor on Finance, Rashed Al Mahmud Titumir, to exchange views on the evolving global energy situation, its impact on international energy markets, and the steps both countries have taken to address supply challenges, according to a press release issued.

Ali Pervaiz Malik briefed the Bangladeshi advisor on Pakistan’s efforts to secure fuel supplies amid challenging global circumstances.

He also shared details of government initiatives, including targeted fuel subsidy measures, aimed at giving the public relief while managing the fallout of the crisis.

He described the situation as an unprecedented energy crisis and underscored the importance of preparedness, diversification and regional cooperation in navigating global energy disruptions.

He said Pakistan is willing to share its experiences and lessons with Bangladesh to support its efforts to manage the crisis and strengthen energy security.

Rashed Al Mahmud Titumir outlined the steps Bangladesh has taken to secure fuel supplies and manage emerging challenges.

He observed that the crisis has brought energy security to the forefront of policymaking, and said it should be a central consideration in national energy strategies.

He also stressed the need to diversify energy sources and supply routes to strengthen resilience against global disruptions.

The Bangladeshi advisor appreciated Pakistan’s diplomatic efforts towards de-escalation of the conflict involving Iran, saying de-escalation is essential for global economic stability as the crisis is affecting economies and energy markets worldwide.

He also commended Pakistan’s efforts to secure LNG cargoes from Qatar through the Strait of Hormuz despite the difficult circumstances.

 

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