Pakistan said in May 2026 that it wants oil-producing countries to build strategic oil reserves at a planned Energy City near Gwadar Port. It is a plan under discussion, and reports say even the location has not been settled, so treat it as a possibility and not as a project that has started.
What Is Planned
Profit and Express Tribune reported on 22 May 2026 that Pakistan has decided to encourage oil-producing countries to set up strategic oil reserves at a planned Energy City near Gwadar Port, with LNG and LPG terminals. The maritime affairs minister invited Kuwait to invest in fuel storage, bonded terminals, jetty construction and port infrastructure, and the Kuwaiti ambassador showed interest in reviewing the projects. Officials said Pakistan would keep the first right to use the stored oil in a war or a supply disruption.
What Is Not Decided
Express Tribune reported that a committee had been asked to find a suitable location for the Energy City. It also reported that an earlier plan for an oil city at Gwadar Port did not go ahead because of opposition from some friendly countries. Profit and Express Tribune reported on 5 June 2026 that Pakistan had again asked Saudi Arabia to set up a $10 billion refinery at Gwadar, a project that had stalled, and that a meeting with a Saudi team had been delayed. We found no report of a site, a budget or a construction start date.
What Experts Said
INP and WealthPk reported on 16 June 2026 that industry experts see the plan as a way to strengthen fuel security and create a regional storage hub. They said that foreign oil producers may stay reluctant to store large reserves in Pakistan without credible regulations and modern infrastructure.
What It Means for Buyers
An Energy City could change land use around the port if it goes ahead, but a plan with no site cannot tell you which plots are affected. Do not pay a premium because someone says a plot is near the Energy City. Ask for the approved master plan and for written confirmation of land use for the plot. Ask whether the plot’s block is near port or industrial zones, and what that means for noise and traffic. Our guides to Gwadar Port in 2026 and the Rs280 billion development program apply the same test.
Related Guides
For industrial land, read the Gwadar Industrial Estate (GIEDA) and Gwadar free zone property. To talk to a Gwadar office, see our property dealer in Gwadar page.
You can see this Residential plot in Singhar Housing Scheme, browse current Gwadar listings, or find more guides on our Gwadar Property Buying Guides page.
Sources: Profit and Express Tribune (22 May and 5 June 2026), Zameen.com and INP-WealthPk (16 June 2026). Plans change, so confirm the current position with the relevant authority.
Frequently Asked Questions
What is the Gwadar Energy City?
A planned energy hub near Gwadar Port where oil-producing countries would be encouraged to build strategic oil reserves, with LNG and LPG terminals, according to Profit and Express Tribune in May 2026.
Where will the Gwadar Energy City be built?
Express Tribune reported that a committee was asked to find a suitable location. We found no report of a site.
Has any country agreed to build reserves at Gwadar?
Kuwait’s ambassador showed interest in reviewing the projects, but we found no report of an agreement.
Does the Energy City mean Gwadar plot prices will rise?
Not automatically. The plan has no reported site or start date, so check recent completed transfers in the block and do not pay a premium for it.
5B Marketing has offices in Gwadar, Lahore and Dubai, and can help you check a plot or a price before you pay anything.
