Pakistan To Be Fuelled By Russian Oil

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2023-06-12T12:49:16+05:00 News Desk
Making the announcement, PM Shehbaz wrote, “I have fulfilled another of my promises to the nation. Glad to announce that the first Russian discounted crude oil cargo has arrived in Karachi and will begin oil discharge tomorrow.”

https://twitter.com/CMShehbaz/status/1667915539241398272?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1667915539241398272%7Ctwgr%5Eb2557e402300d98805f12f2cb0637c748a7aaad9%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.geo.tv%2Flatest%2F492562-first-vessel-carrying-russian-oil-reaches-karachi-port

In April, Pakistan placed its first order for discounted Russian crude oil under a new deal signed between Islamabad and Moscow.

On Sunday, Russian vessel Pure Point — a 183-meter-long oil tanker — carrying 45,000 metric tons of oil docked at birth number 2 at the port. The remaining 50,000 tons of Russian crude will be transported to Port Qasim on June 20.

As per a report, Pakistan imports 70% of its crude oil, which is refined by PRL, National Refinery Limited, Pak Arab Refinery Limited, and Byco Petroleum. The remaining 30% is locally produced and refined by local refineries, including Attock Refinery Limited.
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