The Pakistan-Türkiye energy agreement 2025 is now official. On Tuesday, Pakistan and Türkiye signed a major deal to strengthen their energy partnership. The agreement includes five oil concession blocks—three offshore and two onshore—with an expected investment of $300 million.
Turkish Petroleum Overseas Company (TPOC) officially entered Pakistan’s oil and gas exploration market when it signed the agreement. To investigate and develop these blocks, TPOC will collaborate with top Pakistani E&P firms.
Prime Minister Shehbaz Sharif and Alparslan Bayraktar, the Minister of Energy and Natural Resources for Turkey, were present at the signing ceremony, which was held at the Prime Minister’s Office in Islamabad. There were also high-ranking representatives from both nations, such as the ministers of power and petroleum.
This deal represents a significant turning point in the bilateral energy cooperation between Pakistan and Turkey. It illustrates the two countries’ increasing mutual trust and strategic alignment, particularly in the areas of infrastructure and energy.
Pakistan hopes to increase its energy production, lessen its reliance on imports, and draw in more foreign investment with this $300 million investment. In contrast, Turkey increases its presence in the energy market of South Asia.
It is anticipated that the collaboration will improve Pakistan’s energy landscape in the long run by bringing cutting-edge exploration technologies and employment opportunities.
Also read : Pakistan to Tighten Used Car Import Policy; Baggage Scheme May End
