Pakistan’s Leading Oil Refinery Cnergyico has imported the first private-sector shipment of Russian Crude Oil. According to Cnergyico, the company utilized its single-point mooring facility, capable of handling deep-draft tankers, to enable private imports. This achievement demonstrates Pakistan’s readiness to refine different types of crude oil. The company plans to refine and sell domestically produced gasoline and diesel from the imported Urals Crude while exporting furnace oil, which has global demand and can help Pakistan earn foreign exchange. Earlier, Pakistan imported Russian crude in June and negotiations were underway for a second government-to-government shipment, indicating a growing energy partnership between the two nations. With a daily goal to import 100,000 barrels per day of Russian crude this year, a substantial portion of its total imports, reflects the country’s efforts to tackle foreign exchange challenges and inflation. Last year, Pakistan imported 154,000 barrels per day of crude oil.
Pakistan’s Leading Oil Refinery Cnergyico has imported the first private-sector shipment of Russian Crude Oil.
According to Cnergyico, the company utilized its single-point mooring facility, capable of handling deep-draft tankers, to enable private imports. This achievement demonstrates Pakistan’s readiness to refine different types of crude oil. The company plans to refine and sell domestically produced gasoline and diesel from the imported Urals Crude while exporting furnace oil, which has global demand and can help Pakistan earn foreign exchange.
Earlier, Pakistan imported Russian crude in June and negotiations were underway for a second government-to-government shipment, indicating a growing energy partnership between the two nations. With a daily goal to import 100,000 barrels per day of Russian crude this year, a substantial portion of its total imports, reflects the country’s efforts to tackle foreign exchange challenges and inflation. Last year, Pakistan imported 154,000 barrels per day of crude oil.PCCA Int'l Training Program: Institute Committed To Providing High-Quality Avia ...
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Cnergyico imports Pakistan's first private-sector Russian crude cargoPakistan’s first cargo, imported by the government, arrived in June
Baca lebih lajut »
Oil prices surge on tight supply - Crude oil prices todayOil prices rise as supply tightens and a US government funding deal boosts investor confidence. Stay updated on the oil market's latest trends.
Baca lebih lajut »
Talks between Pakistan, Russia to begin next week on buying cheap oilISLAMABAD: Talks between Pakistan and Russia will begin next week on the matter of importing cheap oil from Russia, Bol News reported.
Baca lebih lajut »
Pakistan, Saudi Arabia IT MoU: This is what we will getA special desk will also work with Pakistan's IT industry to offer business opportunities in the public and private sector of Saudi Arabia.
Baca lebih lajut »
UAE holds major oil and gas conference just ahead of hosting UN climate talks in DubaiUAE holds major oil and gas conference just ahead of hosting UN climate talks in Dubai
Baca lebih lajut »