ISLAMABAD: Tarek Dahrough, ambassador of Egypt to Pakistan, on Wednesday led a delegation of TAQA Arabia, Egypt's largest private sector energy distribution company, to meet top Pakistani officials and explore opportunities for cooperation in Pakistan’s energy sector.
Dahrough called on Special Assistant to the Prime Minister (SAPM) on Petroleum Nadeem Babar and expressed interest in developing government-to-government energy cooperation in Pakistan.
"The SAPM gave an overview of Pakistan's Energy Sector and presented Government's earnest endeavours in reforming the energy sector of the country,” a statement from the ministry of energy said. “He said that these efforts are being personally overseen by the Prime Minister of Pakistan himself.”
Babar also reaffirmed Pakistan's commitment to cleaner fuels and green energy and said that Pakistan's energy mix would be diversified by adding more hydel and renewable sources into the national grid. He said the share of renewable energy would increase by 20 percent by 2025 and 30 percent by 2030.
“The Egyptian company expressed interest to invest in the energy sector including areas of power generation, transmission and distribution, projects related to renewable energy as well as in LNG, CNG and gas distribution sector of the country,” the statement said. “The delegation thanked the SAPM for the presentation on the energy sector and expressed keen interest to develop footprint of the company in Pakistan.”
Egyptian company visits Pakistani petroleum ministry to explore energy sector cooperation
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Egyptian company visits Pakistani petroleum ministry to explore energy sector cooperation
- TAQA Arabia expresses interest in investing in power generation, transmission and distribution, renewable energy, LNG, CNG and gas distribution in Pakistan
- Pakistani PM’s advisor on petroleum says Pakistan's share of renewable energy to increase by 20 percent by 2025 and 30 percent by 2030
Pakistan PM calls for faster CPEC implementation, pledges security for Chinese workers
- Shehbaz Sharif pushes expanded cooperation in agriculture, IT and mining under CPEC phase two
- Chinese envoy reaffirms Beijing’s support for Pakistan’s sovereignty and economic development
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday called for speeding up projects under the China-Pakistan Economic Corridor (CPEC) and pledged stronger security guarantees for Chinese workers and investments, during a meeting with China’s ambassador in Islamabad.
Sharif made the remarks as the two countries strive to launch the second phase of CPEC, a multibillion-dollar infrastructure and energy initiative launched in 2015 as part of China’s Belt and Road Initiative (BRI).
CPEC’s first phase focused largely on power generation and transport infrastructure aimed at easing Pakistan’s chronic energy shortages and improving connectivity. The second phase seeks to expand cooperation into industrial development, with an emphasis on special economic zones and export-oriented growth.
“While highlighting the importance of accelerating ongoing CPEC projects, the Prime Minister stressed on the need to enhance cooperation in agriculture and IT and mining & minerals,” said a statement circulated by the PM Office after the meeting.
“He also underscored Pakistan’s resolve to provide a secure and conducive environment for Chinese personnel, investments, and institutions in Pakistan,” it added.
Chinese nationals and projects in Pakistan have faced security threats in the past, including attacks by militant groups targeting infrastructure sites and convoys. Islamabad has repeatedly vowed to tighten security and has deployed special protection units for Chinese workers.
China is Pakistan’s closest ally in the region and a key economic partner, with CPEC widely regarded by Islamabad as central to long-term economic growth.
During the meeting, the prime minister conveyed greetings to Chinese President Xi Jinping and Premier Li Qiang, particularly on the occasion of the Chinese New Year.
China’s Ambassador to Pakistan, Jiang Zaidong, reiterated Beijing’s support for Pakistan’s sovereignty and socioeconomic development, according to the statement. Both sides also exchanged views on regional and international issues and agreed to maintain close coordination.
