Islamabad, July 2, 2026(Kamran Raja): Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with Mr. Hou Jianxin, Chairman of Shandong Xinxu Group Corporation of China, to explore new avenues of investment and long-term cooperation aimed at strengthening Pakistan’s energy sector.
During the meeting, Mr. Hou Jianxin expressed Shandong Xinxu Group’s strong interest in investing across Pakistan’s energy value chain and proposed a strategic partnership focused on enhancing the country’s energy infrastructure and hydrocarbon production. He highlighted the company’s advanced expertise in upstream oil and gas operations, including field optimization, drilling services, and production enhancement, and conveyed its readiness to collaborate in increasing Pakistan’s oil and gas output.
The Chinese delegation also presented proposals for modernizing Pakistan’s refining sector, including the installation of a Fluid Catalytic Cracking (FCC) unit to convert furnace oil into higher-value petroleum products. In addition, the company proposed establishing an energy equipment manufacturing facility in Pakistan to serve both domestic demand and export markets across the Middle East.
Mr. Hou further outlined the company’s experience in offshore oil exploration and development and expressed interest in collaborating on Pakistan’s offshore energy potential. He also proposed cooperation in lead mining, the establishment of a sulphur processing plant, and the development of integrated energy cities along Pakistan’s coastline. These industrial clusters would combine LNG infrastructure, petroleum storage facilities, and petrochemical industries to promote industrial growth and strengthen national energy security.
Welcoming the delegation, Federal Minister Ali Pervaiz Malik said the Government is undertaking a comprehensive transformation of Pakistan’s energy sector to enhance energy security, encourage foreign investment, and promote greater value addition. He appreciated Shandong Xinxu Group’s interest in Pakistan and assured the delegation of the Government’s full support in facilitating viable investment initiatives.
To ensure effective coordination, the Minister directed the Petroleum Division to appoint dedicated focal persons for each proposed area of cooperation and to maintain timely follow-up with the company.
The Minister also recalled that the Group had previously met Prime Minister Muhammad Shehbaz Sharif during his visit to China and appreciated the Chairman’s continued commitment to expanding Pakistan-China cooperation in strategic sectors. He expressed confidence that such partnerships would play a significant role in advancing Pakistan’s economic growth, industrial development, and long-term energy transformation.