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Islamabad
A high-level delegation from Deloitte Advisory US, led by Richard Longstaff, met with Federal Minister for Petroleum, Ali Pervaiz Malik, at the Ministry of Petroleum in Islamabad today.
The focus of the meeting was to strengthen collaboration and explore avenues of cooperation to benefit from Deloitte’s strategic advisory services for Pakistan’s energy sector.
During the discussions, both sides addressed key challenges and opportunities in the country’s oil, gas, minerals, and gemstone industries. The emphasis was on enhancing operational efficiency, mitigating risks, and fostering sustainable growth. The Deloitte team shared global best practices in areas such as risk advisory, digital transformation, and governance frameworks that could align with the Ministry’s goals.
Minister Ali Pervaiz Malik reaffirmed the government’s commitment to modernizing the energy sector. He welcomed Deloitte’s expertise, particularly in risk management and strategic advisory services. “Pakistan’s energy sector is undergoing significant transformation, and partnerships with globally recognized firms like Deloitte can play a pivotal role in ensuring resilience and innovation,” he stated.
Richard Longstaff expressed his enthusiasm for the engagement. “Deloitte is honored to engage with Pakistan and contribute our global expertise to support the country’s energy goals. We look forward to a productive partnership that drives value and sustainability,” he said.
Mr. Sofyan Yusufi, lead advisory partner at Deloitte, also shared his insights on possible areas of collaboration with Pakistan.
The meeting concluded with a mutual agreement to explore further avenues of cooperation, including capacity-building initiatives and technology-driven solutions for the petroleum sector.
