ISLAMABAD: Petroleum Minister Ali Pervaiz Malik and French Ambassador to Pakistan Nicolas Galey discussed bilateral energy cooperation on Tuesday, as the US-Israel war on Iran disrupts global oil supply chains.
Ever since the US and Israel carried out airstrikes against Iran in February, Tehran has maintained a stranglehold on the Strait of Hormuz, through which roughly 20 percent of the world’s oil and gas supplies are shipped.
Both sides have also struck energy infrastructure sites across the Middle East, leaving suppliers to grapple with damaged facilities, disrupted logistics and elevated risks to shipping.
Malik met Galey to discuss Islamabad’s measures to ensure adequate stocks of petroleum products in the country and cooperation in the energy sector between both countries, the petroleum ministry said in a statement.
“Both sides reiterated their commitment to strengthening bilateral cooperation and exploring new opportunities for collaboration in energy security, mineral development, and sustainable economic growth,” the ministry said.
