Pakistan and Saudi Arabia Agree on Joint Energy Action Plan
Pakistan and Saudi Arabia agreed to formulate a joint action plan to expand energy cooperation and increase investment during diplomatic meetings in Riyadh.
The Government of Pakistan and the Government of Saudi Arabia agreed to formulate a joint action plan to enhance bilateral economic and energy cooperation following high-level meetings in Riyadh on July 12 and 13, 2026. The agreement focuses on increasing foreign investment, improving power infrastructure, and implementing digital transformation, specifically the transition toward smart and advanced metering infrastructure.
During the talks, Finance Minister Muhammad Aurangzeb and Minister for Energy Sardar Owais Ahmad Khan Leghari met with Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan to discuss strengthening their economic partnership. Pakistani officials briefed their Saudi counterparts on power sector reforms and opportunities to expand the national transmission grid to reduce losses and improve operational efficiency.
Minister Leghari assured Saudi investors of a business-friendly environment to encourage private sector participation. The discussions concluded with a commitment to sustained engagement and the involvement of the Saudi Energy Working Group to develop a concrete roadmap for these energy initiatives.