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MoU Signed Between TPAO and Leading Pakistani SOEs to Unlock Mineral Potential

Date: 
Wednesday, 9th of April 2025

A Memorandum of Understanding (MoU) was signed between Turkish Petroleum Corporation (TPAO) and Pakistan’s leading state-owned enterprises — Oil and Gas Development Company Limited (OGDCL), Mari Energies Ltd, and Pakistan Petroleum Limited (PPL). The signing took place on the sidelines of the Pakistan Minerals Investment Forum 2025 (PMIF25) in Islamabad.

The MoU signing ceremony was attended by Ahmed Hayat Lak, MD/CEO OGDCL, Faheem Haider, MD/CEO Mari Energies Ltd, Imran Abbasy, MD/CEO PPL, and the MD and Chairman of Turkish Petroleum Corporation (TPAO). This strategic agreement marks a new chapter in fostering cooperation between Pakistan and Turkey, focused on unlocking Pakistan’s vast mineral potential through joint exploration, technological exchange, and investment.