Pakistan set to import oil from Central Asia
At present, Pakistan is importing oil from Gulf Arab countries including the United Arab Emirates (UAE), Kuwait and Saudi Arabia. To meet gas needs, it is purchasing the commodity from another Gulf country, Qatar, Tribune reports.
Talking to The Express Tribune, a senior official of the Ministry of Petroleum and Natural Resources revealed that Azerbaijan had offered to export crude oil, petroleum products and liquefied natural gas (LNG) to Pakistan.
It has also expressed interest in constructing a terminal as well as LNG and liquefied petroleum gas (LPG) storages in a joint venture between Azerbaijan’s state oil company Socar and a Pakistan-designated company. ■