ISLAMABAD: Pakistan and Egypt agreed on Saturday to enhance their political, defense, cultural and economic relations, as Deputy Prime Minister Ishaq Dar met with Egypt’s Foreign Minister Badr Abdelatty on the sidelines of a special Organization of Islamic Cooperation (OIC) conference on Palestine, according to Pakistan’s foreign office.
In recent years, the two nations have strengthened bilateral ties through various initiatives, including the annual bilateral consultations focusing on cooperation in trade, investment and cultural exchanges.
In November 2022, Prime Minister Shehbaz Sharif attended the COP27 climate summit in Sharm El-Sheikh, Egypt, seeking climate compensation and debt relief following Pakistan’s devastating 2022 floods.
In their meeting, Dar and Abdelatty expressed satisfaction with the trajectory of both countries’ relations.
“They praised the enduring and multifaceted relationship between the two nations, which is founded on shared beliefs, values, and cultural connections,” the foreign office said. “They agreed to further strengthen their political, defense, cultural and economic ties, as well as enhance people-to-people interactions.”
Both officials also shared perspectives on regional and global issues of common concern, voicing deep alarm regarding ongoing Israeli violence in the West Bank and the situation in Gaza.
Dar acknowledged Egypt’s crucial role in providing humanitarian aid to Palestinians and its efforts to mediate a temporary ceasefire.
The two officials reaffirmed their opposition to the forced displacement of Palestinians, agreeing that a lasting resolution lies in the creation of a viable Palestinian state based on pre-June 1967 borders, with Al-Quds Al-Sharif as its capital.
Dar also invited Abdelatty to visit Pakistan at mutually convenient dates.
He also also conferred with OIC Secretary General Hissein Brahim Taha, discussing challenges facing the Muslim world and commending the OIC’s role in unifying the Ummah.
The deputy prime minister also met with Palestinian Foreign Minister Riyad Al-Maliki, reaffirming Pakistan’s unwavering support for the Palestinian cause and advocating for a viable Palestinian state.
Pakistan and Egypt agree to strengthen ties in politics, defense and trade at OIC meeting
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Pakistan and Egypt agree to strengthen ties in politics, defense and trade at OIC meeting
- Pakistan’s deputy PM and Egyptian foreign minister discuss greater people-to-people interactions
- Ishaq Dar also holds meetings with the OIC secretary general and Palestinian foreign minister in Jeddah
Pakistan’s OGDC ramps up unconventional gas plans
- Pakistan has long been viewed as having potential in tight and shale gas but commercial output has yet to be proved
- OGDC says has tripled tight-gas study area to 4,500 square km after new seismic, reservoir analysis indicates potential
ISLAMABAD: Pakistan’s state-run Oil & Gas Development Company is planning a major expansion of unconventional gas developments from early next year, aiming to boost production and reduce reliance on imported liquefied natural gas.
Pakistan has long been viewed as having potential in both tight and shale gas, which are trapped in rock and can only be released with specialized drilling, but commercial output has yet to be proved.
Managing Director Ahmed Lak told Reuters that OGDC had tripled its tight-gas study area to 4,500 square kilometers (1,737 square miles) after new seismic and reservoir analysis indicated larger potential. Phase two of a technical evaluation will finish by end-January, followed by full development plans.
The renewed push comes after US President Donald Trump said Pakistan held “massive” oil reserves in July, a statement analysts said lacked credible geological evidence, but which prompted Islamabad to underscore that it is pursuing its own efforts to unlock unconventional resources.
“We started with 85 wells, but the footprint has expanded massively,” Lak said, adding that OGDC’s next five-year plan would look “drastically different.”
Early results point to a “significant” resource across parts of Sindh and Balochistan, where multiple reservoirs show tight-gas characteristics, he said.
SHALE PILOT RAMPS UP
OGDC is also fast-tracking its shale program, shifting from a single test well to a five- to six-well plan in 2026–27, with expected flows of 3–4 million standard cubic feet per day (mmcfd) per well.
If successful, the development could scale to hundreds or even more than 1,000 wells, Lak said.
He said shale alone could eventually add 600 mmcfd to 1 billion standard cubic feet per day of incremental supply, though partners would be needed if the pilot proves viable.
The company is open to partners “on a reciprocal basis,” potentially exchanging acreage abroad for participation in Pakistan, he said.
A 2015 US Energy Information Administration study estimated Pakistan had 9.1 billion barrels of technically recoverable shale oil, the largest such resource outside China and the United States.
A 2022 assessment found parts of the Indus Basin geologically comparable to North American shale plays, though analysts say commercial viability still hinges on better geomechanical data, expanded fracking capacity and water availability.
OGDC plans to begin drilling a deep-water offshore well in the Indus Basin, known as the Deepal prospect, in the fourth quarter of 2026, Lak said. In October, Turkiye’s TPAO with PPL and its consortium partners, including OGDC, were awarded a block for offshore exploration.
A combination of weak gas demand, rising solar uptake and a rigid LNG import schedule has created a surplus of gas that forced OGDC to curb output and pushed Pakistan to divert cargoes from Italy’s ENI and seek revised terms with Qatar.
