Islamabad, September 11, 2025 – Federal Minister for Petroleum Ali Pervaiz Malik has welcomed Chevron’s $30 million investment in Pakistan oil sector, describing it as a milestone that highlights international confidence in the country’s energy market.
During a meeting with Ahmed Zahid, CEO and Country Chairman of Chevron Pakistan, the Minister reviewed Chevron’s ongoing operations and future investment plans. The session underscored the importance of foreign investment in strengthening Pakistan’s energy security and industrial growth.
According to the Ministry of Petroleum, Chevron has recently established a fully automated, state-of-the-art lubricants blending plant in Pakistan. This strategic initiative not only reflects the company’s long-term commitment but also aligns with the government’s vision of encouraging technology-driven industrial expansion.
Ahmed Zahid noted that Chevron currently markets around 70 million litres of premium-quality lubricants annually in Pakistan, catering to both industrial and automotive sectors. He emphasized that this new plant will enhance efficiency, ensure international-standard products, and contribute to the local economy.
Minister Malik lauded the move, stating: “The Government of Pakistan is determined to provide an enabling environment for businesses. Chevron’s investment demonstrates confidence in Pakistan’s economy and reinforces the importance of international partnerships.” He added that such projects play a vital role in job creation, technology transfer, and sustainable economic growth.
Ahmed Zahid expressed gratitude for the government’s facilitation and reiterated Chevron’s commitment to expanding operations. “Chevron strongly believes in Pakistan’s growth potential and looks forward to deepening its contribution to the country’s energy landscape.”