Minister of State for Petroleum Musadik Masood Malik on Monday discussed with senior US officials ways to enhance productivity in the energy sector, help Pakistan make inroads into the global value chain and establish cross-border networks that bring a product or service from conception to market.
During a meeting with US Trade and Development Agency (USTDA) Regional Director for Indo-Pacific Verinda Fike and USTDA Country Manager for Indo-Pacific Region Tanvi Madhusudanan, Malik discussed various ideas to ensure energy security, affordability and sustainability in the wake of challenges like climate change and its socio-economic impact on Pakistan, according to a statement issued by the Pakistani embassy.
The two sides agreed to develop a roadmap for pursuing new businesses in the green and renewable energy sector, both in public and private sectors. The US side would provide financial and technical expertise for undertaking feasibility studies for mutually agreed projects.
“A delegation of Pakistani businessmen would be visiting the US along with their counterparts from Malaysia, Indonesia and Thailand to study methane abatement technologies and conversion of bio-methane into fertilisers in the first quarter of next year,” the statement said.
The US side showed “great interest” in pursuing projects related to green ammonia, green hydrogen and renewables in Pakistan.
Malik emphasised that Pakistan in collaboration with the US would like to trailblaze the transition towards clean and green energy in the developing world.
Published in The Express Tribune, May 10th, 2023.
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