Pakistan’s Oil and Gas Development Company planned to launch oil and gas exploration projects in Libya in partnership with Russia’s Gazprom and Turkey’s state petroleum company, according to officials and media reports. Negotiations reached advanced stages to form joint ventures covering onshore and offshore exploration areas. The projects aim to diversify Pakistan’s overseas energy sources and strengthen supply security, while expanding cooperation with foreign partners in Libya’s energy sector.
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Pakistan Plans Oil Projects in Libya
Business
05/01/2026
Pakistan’s Oil and Gas Development Company planned to launch oil and gas exploration projects in Libya in partnership with Russia’s Gazprom and Turkey’s state petroleum company, according to officials and media reports. Negotiations reached advanced stages to form joint ventures covering onshore and offshore exploration areas. The projects aim to diversify Pakistan’s overseas energy sources and strengthen supply security, while expanding cooperation with foreign partners in Libya’s energy sector.
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