Saralnama
US companies are showing strong interest in Pakistan's oil and gas sector after President Trump called its energy reserves 'massive'. A meeting was held in Islamabad last week between US Charge d’Affaires Natalie Baker and Pakistan’s Petroleum Minister Ali Pervaiz Malik. Talks are ongoing for bids on exploration blocks. However, experts say Pakistan's actual oil reserves are much smaller than claimed. Pakistan’s oil production has been declining since 2018, and the country imports about $11 billion worth of oil yearly. Despite challenges like lack of technology and security issues, Pakistan hopes new exploration will boost its energy sector and reduce imports. (Updated 27 Aug 2025, 18:15 IST; source: link)