Pakistan, Oman boost energy ties with fuel imports
MG News | March 26, 2026 at 04:50 PM GMT+05:00
March 26, 2026 (MLN): Pakistan and Oman strengthened energy cooperation as Islamabad imported three petrol cargoes and one diesel shipment from Omani ports in March, with two additional petrol cargoes scheduled later this month.
The move comes as Pakistan pursues diversification of its
energy imports and aims to ensure supply resilience amid evolving regional
dynamics, particularly concerns over reliance on the Strait of Hormuz,
according to the press release.
Federal Minister for Petroleum Ali Pervaiz Malik held a
meeting with Fahad Bin Sulaiman Bin Khalaf Alkharusi, Ambassador of the
Sultanate of Oman to Pakistan, to discuss bilateral collaboration in the energy
sector.
During the meeting, the Federal Minister highlighted
Pakistan’s ongoing efforts to explore alternative routes and sources for energy
imports.
The Ambassador welcomed these efforts and assured Pakistan
that requests for preferential energy cargoes would be considered favorably to
meet the country’s growing demand.
The talks also focused on opportunities in the upstream oil
and gas sector, including exploration, production, and development projects.
Pakistan State Oil (PSO) and Oman Trading International
(OQT) are engaged in constructive discussions to explore additional oil cargoes
to help meet Pakistan’s energy needs.
The meeting reaffirmed the long-standing, cordial relations
between Pakistan and Oman, rooted in shared history, mutual respect, and strong
people-to-people ties, while emphasizing the shared commitment to further
deepen cooperation in the energy sector.
These developments come at a time when global oil supply
volatility and regional security concerns are prompting Pakistan to diversify
its energy sources.
The March shipments from Oman have contributed to
stabilizing domestic fuel availability, and ongoing negotiations aim to secure
further cargoes and strategic partnerships in oil and gas development.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 152,907.97 313.13M | -3.41% -5405.48 |
| ALLSHR | 91,785.84 517.51M | -3.04% -2879.94 |
| KSE30 | 46,304.86 108.36M | -3.69% -1774.69 |
| KMI30 | 222,014.44 106.73M | -3.34% -7665.42 |
| KMIALLSHR | 59,976.79 312.82M | -2.94% -1816.68 |
| BKTi | 41,546.33 34.74M | -3.94% -1704.98 |
| OGTi | 31,998.89 11.08M | -3.07% -1014.24 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 69,370.00 | 71,595.00 69,180.00 | -1490.00 -2.10% |
| BRENT CRUDE | 107.69 | 108.02 102.75 | 5.47 5.35% |
| RICHARDS BAY COAL MONTHLY | 99.40 | 0.00 0.00 | -9.15 -8.43% |
| ROTTERDAM COAL MONTHLY | 118.45 | 0.00 0.00 | -0.10 -0.08% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 94.43 | 94.84 90.71 | 4.11 4.55% |
| SUGAR #11 WORLD | 15.70 | 15.73 15.53 | 0.15 0.96% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|