Ali Pervaiz Malik has said that Pakistan is exploring the possibility of importing crude oil and natural gas from Iran to help reduce energy costs and strengthen the country’s fuel supply.
The minister explained that recent changes in international energy markets, along with lower global oil prices following easing regional tensions, may create an opportunity for Pakistan to purchase fuel at more affordable rates. He said the government is carefully reviewing the available options before making any final decision.
According to Ali Pervaiz Malik, any future agreement will be made in line with Pakistan’s international commitments and legal obligations. He stressed that the government will ensure all decisions comply with relevant international regulations while protecting the country’s economic interests.
The minister said the main objective is to improve Pakistan’s energy security and provide maximum possible relief to consumers. Lower-cost fuel imports could help reduce the country’s energy expenses and contribute to a more stable supply of petroleum products and natural gas.
Officials believe that diversifying energy sources is important for meeting the country’s growing demand while reducing dependence on expensive imports from distant markets. Energy experts also say that importing fuel from a neighboring country could lower transportation costs and improve supply efficiency.
The government is continuing to assess the financial, legal, and diplomatic aspects of the proposal before taking any formal steps. Authorities are also monitoring developments in global energy markets that could influence future import decisions.
Ali Pervaiz Malik reaffirmed that the government remains committed to finding practical solutions to strengthen Pakistan’s energy sector.
He said every option that benefits consumers, improves energy security, and supports economic stability will be carefully considered while ensuring full compliance with international obligations and national interests.
