Pakistan has a strategic coastline, but it’s ironic its oceans are being unused. Geological surveys have concluded it could be home to one of the most significant oil and gas reserves. Pakistan imports nearly 85% of its crude oil and 30% of its gas. Unfortunately, the world hasn’t reacted well to the astounding news of oil discovery. In the past few years, oil giants like Shell and Total fled the country. During the energy crisis over the past two decades, operations of the textile sector responsible for 70% of exports were brought to a halt. Factors such as security challenges, political instability, and recurring natural disasters over the past decade are largely to blame. Security provided by the state is not enough, so in order to maintain it, businesses need to spend a substantial amount. Pakistan can become a blue-water economy. It needs to modernize its naval capabilities, expand and upgrade its ports, and foster strong maritime trade routes. Investing in shipbuilding, logistics, and coastal infrastructure would boost regional connectivity.
Our luck finally switched lanes. In July 2025, the U.S. and Pakistan shook hands on a landmark trade deal. They will collaborate to tap into Pakistan’s ignored oil treasures. If this deal materializes, it could transform Pakistan into a more resilient economy
