Pakistan, Germany move toward deeper mining, energy cooperation

News Image

MG News | November 19, 2025 at 09:39 AM GMT+05:00

0:00

November 19, 2025 (MLN): Pakistan and Germany opened discussions on expanding cooperation across mining, minerals and energy during a meeting between Federal Minister for Petroleum Ali Pervaiz Malik and German Ambassador Ina Lepel, amid growing foreign interest in the country’s resource sector.

The most significant development was Germany’s signal that international investors view Pakistan’s mining industry particularly the Reko Diq copper-gold project as a key test case for future foreign capital.

Ambassador Lepel said global attention toward Pakistan’s natural resources is increasing and that Berlin sees potential for technical collaboration through the Geological Survey of Pakistan and Germany’s Federal Institute for Geosciences and Natural Resources (BGR), which has previously supported geohazard mapping in the country.

During the meeting, Federal Minister said the government is prioritizing sustainable, mechanized mining and positioning Reko Diq as the benchmark for large-scale projects.

He added that Islamabad aims to build on momentum from the Pakistan Mineral Summit, with a larger Mineral Investment Forum planned to attract global investors.

Energy sector cooperation also featured prominently. Federal Minister said Pakistan is pursuing a refinery upgradation program to meet cleaner fuel standards, aligning with Germany’s decarbonization policies.

He noted that Pakistan recently held its first bidding round for offshore exploration blocks in nearly two decades, a step he described as critical for strengthening domestic fuel security and boosting upstream investment.

Both sides agreed to deepen the Pakistan-Germany partnership through targeted investment and technical knowledge sharing across mining, energy and geological research.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 150,398.71
270.15M
-1.06%
-1612.55
ALLSHR 90,084.08
469.39M
-0.93%
-849.88
KSE30 45,453.36
99.47M
-1.14%
-522.50
KMI30 218,271.12
195.05M
-0.92%
-2019.44
KMIALLSHR 58,965.48
294.49M
-0.81%
-483.69
BKTi 41,775.34
33.94M
-0.76%
-317.96
OGTi 31,328.42
11.96M
-0.61%
-192.61
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,165.00 67,625.00
66,480.00
-15.00
-0.02%
BRENT CRUDE 109.24 109.74
99.08
8.08
7.99%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
6.40
6.03%
ROTTERDAM COAL MONTHLY 113.00 114.50
113.00
-0.40
-0.35%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 112.06 113.97
97.50
11.94
11.93%
SUGAR #11 WORLD 14.96 15.50
14.91
-0.33
-2.16%

Chart of the Day


Latest News
April 04, 2026 at 12:18 AM GMT+05:00

Govt slashes petrol price by Rs80 to Rs378 for one month


April 03, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Bears Tighten Their Grip


April 03, 2026 at 03:54 PM GMT+05:00

PKR remains flat against USD


April 03, 2026 at 03:51 PM GMT+05:00

Pakistan accelerates digital economy push after 5G auction



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg