DNA
ISLAMABAD, SEPTEMBER 3, 2026:
The Committee on Petroleum Pricing chaired by Federal Minister for Petroleum Ali Pervaiz Malik, met to review the petroleum pricing framework and deliberate on measures to make fuel pricing more transparent, predictable while protecting consumers from undue price volatility.
The Committee agreed on a set of recommendations for strengthening the existing pricing mechanism and decided that its final report would be submitted to the Prime Minister for consideration and approval soon.
For diesel pricing, the Committee approved the guiding principles for possible rules based intervention in case of em…
Petroleum Minister Welcomes GPXP’s Interest in Expanding Investment in Pakistan’s Energy Sector
Federal Minister for Petroleum Ali Pervaiz Malik met with Khaled Al Saati, CEO of Gulf Petroleum Exploration Pakistan (GPXP), and Mosleh Al Otaibi of Gulf Petroleum Exploration to discuss the company’s ongoing operations and prospects for expanding investment in Pakistan’s energy sector.
Gulf Petroleum Exploration Pakistan (GPXP), a Kuwaiti company operating in Pakistan’s exploration sector, expressed keen interest in expanding its investment and further contributing to the country’s energy development.
The Federal Minister welcomed GPXP’s interest and assured the company of the government’s full support and facilitation for its investment and expansion plans.
“Pakistan and Kuwait are brothers, and our two countries share a longstanding relationship,” the Minister said, emphasizing the importance Pakistan attaches to strengthening economic and investment ties with Kuwait.
Khaled Al Saati and Mosleh Al Otaibi expressed gratitude to the Government of Pakistan for its continued support and facilitation. They reiterated GPXP’s commitment to Pakistan and said the company was keen to expand its investment in the country’s energy sector.
The meeting reaffirmed the shared commitment to strengthening Pakistan-Kuwait economic ties and promoting greater investment in Pakistan’s exploration and energy sectors.
