A Chinese company has proposed major investments across Pakistan’s oil, refinery, offshore, and energy manufacturing sectors. The proposal matters because it could strengthen energy security, increase domestic production, and attract foreign investment. Pakistan’s energy industry, investors, and consumers could benefit if the projects move forward.
During a meeting with Petroleum Minister Ali Pervaiz Malik, Shandong Xinxu Group Corporation Chairman Hou Jianxin outlined plans for a long-term strategic partnership. According to the Petroleum Division, the company aims to support Pakistan’s entire energy value chain. It also expressed interest in boosting domestic hydrocarbon production through field optimisation, drilling services, and production enhancement.
The company proposed upgrading Pakistan’s refineries by installing a Fluid Catalytic Cracking (FCC) unit. The technology would convert furnace oil into higher-value petroleum products and improve refinery efficiency. In addition, the firm suggested establishing an energy equipment manufacturing facility in Pakistan. The plant would meet domestic demand while serving export markets across the Middle East.
Other proposals included cooperation in offshore oil exploration, lead mining, and the establishment of a sulphur processing plant. The company also proposed developing integrated energy cities along Pakistan’s coastline. These projects would include LNG infrastructure, petroleum storage facilities, and petrochemical industries. Officials believe such investments could expand Pakistan’s long-term energy capacity.
Petroleum Minister Ali Pervaiz Malik welcomed the proposals and reaffirmed the government’s commitment to attracting investment. He directed the Petroleum Division to appoint dedicated focal persons for each proposal to ensure timely follow-up. The minister also noted that Shandong Xinxu Group had previously met Prime Minister Shehbaz Sharif during his visit to China, highlighting growing economic cooperation between both countries.