Pakistan, US discuss cooperation at Energy Group meeting

Published November 13, 2013
Pakistan is seeking US cooperation in exploration of its shale gas reserves, coal-based projects and liquefied natural gas (LNG). – File Photo
Pakistan is seeking US cooperation in exploration of its shale gas reserves, coal-based projects and liquefied natural gas (LNG). – File Photo

WASHINGTON: As part of their Strategic Dialogue, Pakistan and US officials discussed advancing cooperation in a range of areas at the fifth Energy Working Group meeting on Tuesday.

US Special Envoy and Coordinator for International Energy Affairs Carlos Pascual, Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Minister for Water and Power Khawaja Muhammad Asif co-chaired the meeting.

US Ambassador in Islamabad Richard Olson, Charge de Affaires at the Pakistani embassy in Washington Asad M Khan, and senior officials from the two countries attended the meeting.

Pakistan is seeking US cooperation in a host of areas including exploration of its shale gas reserves, materialisation of its coal-based projects and liquefied natural gas.

Islamabad has also decided to build both multi-billion dollars Dasu and Diamer-Bhasha dams as part of its endeavors of meeting the country's exponential energy and water needs, and is expecting US and international financial institutions' support towards their completion.

In addition, Pakistani officials will explore cooperation in getting US technology to exploit its huge reserves of shale gas, which are estimated to be one of the biggest in the world.

The two sides are also expected to discuss cooperation in alternate sources of energy.

The Iran-Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline projects for import of gas are also expected to figure during deliberations.

According to the State Department, the United States and Pakistan have worked closely and on a sustained basis to better develop and diversify Pakistan's energy sector, a key priority of the Pakistani government and people.

“The United States has supported increased energy generation, improved distribution, management, revenue collection, and policy reform. Since October 2009, the United States has helped add 1,000 megawatts of capacity to Pakistan's grid “enough to supply electricity for more than 16 million people.”

After a hiatus of two years of strained ties, the Strategic Dialogue framework between the two countries was re-energised during Secretary of State John Kerry's visit to Pakistan in August.

During Prime Minister Nawaz Sharif's visit to Washington for talks with President Obama last month, the two countries reaffirmed their commitment to strengthening cooperation in five major areas under the strategic partnership.

At the conclusion of the Energy Group meeting, the Pakistani delegation will proceed to Houston for exploring cooperation with American investors in a series of meetings.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Missing links
Updated 27 Apr, 2024

Missing links

As the past decades have shown, the country has not been made more secure by ‘disappearing’ people suspected of wrongdoing.
Freedom to report?
27 Apr, 2024

Freedom to report?

AN accountability court has barred former prime minister Imran Khan and his wife from criticising the establishment...
After Bismah
27 Apr, 2024

After Bismah

BISMAH Maroof’s contribution to Pakistan cricket extends beyond the field. The 32-year old, Pakistan’s...
Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...