Big moves are coming in the energy world as Türkiye prepares to sign a landmark agreement with Pakistan, setting the stage for a new era of oil and gas exploration in South Asia.
What Happened
Türkiye is finalizing a major energy deal with Pakistan that will unlock joint exploration of both onshore and offshore oil and gas fields. The agreement marks the first deep-sea drilling project in Pakistan, with work set to begin in two onshore blocks and one offshore zone. The signing ceremony is scheduled for next week, signaling a significant step forward in bilateral energy cooperation.
Joint Exploration Drive
The deal will see Turkish Petroleum Corporation (TPAO) and Pakistani energy firms collaborate on exploration activities, including the newly relaunched offshore energy drive. TPAO recently secured a 25 percent stake and operating rights in Pakistan’s Eastern Offshore Indus Block-C, highlighting the depth of the partnership. The agreement also covers joint bidding for 40 offshore blocks in the Makran and Indus basins, opening up vast new opportunities for resource development.
Why It Matters
This partnership is more than just a business deal—it’s a strategic move that strengthens Türkiye’s energy footprint in South Asia and supports Pakistan’s efforts to boost domestic production. With global energy markets shifting, the collaboration could help both countries diversify supply sources and reduce reliance on traditional import routes.
Broader Strategic Ties
The energy agreement is part of a wider push to deepen ties between Türkiye and Pakistan. Recent high-level meetings have resulted in multiple cooperation deals covering defense, technology, agriculture, and trade. Both nations are committed to increasing bilateral trade to $5 billion and enhancing investment in key sectors, including power transmission, distribution, and renewable energy.
Key Details
- The deal includes joint exploration in two onshore fields and one offshore field.
- TPAO has secured a 25 percent stake in Pakistan’s Eastern Offshore Indus Block-C.
- The agreement covers joint bidding for 40 offshore blocks in the Makran and Indus basins.
- Both countries will establish a joint monitoring group to review progress annually.
- Cooperation extends to human capacity building, institutional upgrades, and investment in Pakistan’s electricity sector.
Energy Security and Regional Impact
The partnership is expected to enhance energy security for both nations and contribute to regional stability. Türkiye will continue to leverage its expertise in human resource development and institutional frameworks to support Pakistan’s energy sector modernization. The deal also opens doors for increased investment in hydrocarbons, LPG, and petroleum products.
What Comes Next
With the agreement set to be signed next week, both countries are poised to launch exploration activities and begin joint bidding for offshore blocks. The collaboration is expected to drive economic growth, create jobs, and strengthen strategic ties between Türkiye and Pakistan. As the energy landscape evolves, this partnership could serve as a model for regional cooperation and resource development.
The future of energy in South Asia is taking shape, and Türkiye and Pakistan are leading the charge.
