Federal Minister of Petroleum Dr Musadik Malik visited the YanChang Petroleum, a leading Chinese energy company, on the sidelines of 8th Silk Route Expo in China today.

The visit underscores both nations' commitment to enhancing strategic partnerships in the fields of energy exploration, innovation, and sustainable development.

During the visit, Dr Musadik Malik was received by YanChang Petroleum's senior leadership team, led by Deputy Chief Manager, who provided an in-depth overview of the company’s ongoing projects and future growth strategies. The discussion focused on several key areas, including oil and gas exploration, refinery cooperation, integrated coal industrial complex, technological innovations.

The Minister highlighted the importance of international collaboration to meet the growing energy demands. He said Pakistan and China have shared goals in ensuring energy security, and this visit is an opportunity to explore new avenues for cooperation that align with both nations' commitments to innovation in the energy sector.

The Minister was briefed on the company's latest advancements in energy technologies, including renewable energy integration and carbon capture initiatives. The discussions paved the way for potential joint ventures and collaborations in oil and gas exploration.

Speaking on the occasion, Deputy Chief Manager of YanChang Petroleum said that after in-depth exchanges, we have great potential of cooperation. He said Pakistani companies will have detail discussions on technical and commercial aspects of various prospective projects.

It is noteworthy that YanChang Petroleum is one of China’s leading energy companies with a diversified portfolio spanning oil and gas exploration, production, and refining, pipelines, integration of coal, electrification, as well as significant investments in production of sophisticated chemicals like ethanol. The company is committed to driving innovation in the energy sector.