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Home Business

Pakistan receives first batch of 100,000 metric tons LPG from Russia

by News Publishing
September 27, 2023
in Business, Main
Reading Time: 2 mins read
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Pakistan receives first batch of 100,000 metric tons LPG from Russia
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Pakistan received the first batch of 100,000 metric tonnes of Liquefied Petroleum Gas (LPG) from Russia today.

The Russian Embassy in Pakistan announced on X (previously Twitter) that Moscow has delivered the first shipment of liquefied petroleum gas (LPG) to Pakistan in the amount of 100,000 metric tonnes.

Russia has delivered the first batch of liquefied petroleum gas (LPG) in the amount of 100 thousand metric tons to Pakistan through Iran's Sarakhs Special Economic Zone. Consultations on the second shipment are underway
🇷🇺🤝🇵🇰 pic.twitter.com/AZJwf5f9I5

— RusEmbassy_Pakistan (@RusEmbPakistan) September 26, 2023

The LPG shipment entered Pakistan via Iran’s Sarakh Special Economic Zone (SEZ). It was also stated that Pakistan and Russia are in talks over the second LPG shipment.

In August, it was reported that Pakistan temporarily paused its imports of Russian crude oil since the refining process produced more boiler oil than petrol, while also preparing to negotiate a long-term agreement with Russia for the import of oil at ‘discounted rates’.

According to energy industry sources, the amount of jet fuel and diesel recovered from Russian oil was relatively low, resulting in less advantageous effects for the country.

According to sources, Pakistani refineries rejected further processing of Russian oil, resulting in 20% less petrol obtained during refining when compared to Arab crude oil.

According to sources, Pakistan bought around 100,000 tonnes of crude oil from Russia; however, Pakistan Refinery has rejected these claims.

According to energy sector sources, the venture using crude oil supplied from Russia was a success, and the company will process Russian crude oil again when ‘favorable trade terms’ become available.

Tags: latestLPG
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