World Bank backs Pakistan’s gas sector sustainability drive
MG News | December 18, 2025 at 04:33 PM GMT+05:00
December 18, 2025 (MLN): Pakistan and the
World Bank have reaffirmed their commitment to enhance reforms in the country’s
energy sector, with a strong focus on ensuring long-term sustainability of the
gas sector and improving sectoral efficiency.
The understanding was reached during a meeting between
Federal Minister for Petroleum Ali Pervaiz Malik and World Bank Country
Director for Pakistan Bolormaa Amgaabazar, where ongoing and future reforms in
the energy sector were discussed in detail.
During the meeting, the World Bank Country Director
appreciated the Petroleum Division for resolving the long-standing LNG issue,
described it as a complex challenge, according to a press release issued.
She commended the minister for personally taking ownership
of gas sector sustainability and reaffirmed the World Bank’s continued support
for gas sector reforms.
Further expressed willingness to collaborate on reforms in
the LPG sector and capacity building of the Oil and Gas Regulatory Authority
(OGRA).
She noted that the World Bank is already working closely
with the ministry on developing a comprehensive roadmap for gas sector reforms,
including measures to improve performance, efficiency, and the unbundling of
Sui gas companies.
The petroleum minister thanked the World Bank for
acknowledging the government’s efforts in resolving the LNG issue and
emphasized that input from international development partners is vital for
shaping effective and sustainable policies.
He reiterated the government’s firm commitment to long-term
gas sector sustainability through structural and institutional reforms.
The minister also appreciated the World Bank’s analytical
work, describing it as deep, strategic, and forward-looking.
It was highlighted that
improving the Air Quality Index (AQI) is a key government priority, and noted
that efforts are underway to enhance fuel standards, which will require
upgrading Pakistan’s refineries.
Both sides reaffirmed their resolve to continue close
collaboration in support of Pakistan’s energy sector reforms and broader
sustainable development goals.
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