BR100 Decreased By (-0.73%)
BR30 Decreased By (-0.77%)
KSE100 Decreased By (-0.49%)
KSE30 Decreased By (-0.47%)
BECO 5.77 Increased By ▲ 0.46 (8.66%)
BML 53.00 Increased By ▲ 1.42 (2.75%)
BOP 33.99 Increased By ▲ 0.03 (0.09%)
CNERGY 8.11 Decreased By ▼ -0.20 (-2.41%)
DCL 12.20 Increased By ▲ 0.40 (3.39%)
FCCL 52.83 Decreased By ▼ -0.17 (-0.32%)
FCSC 5.07 Increased By ▲ 0.12 (2.42%)
FFL 17.95 Decreased By ▼ -0.20 (-1.1%)
FNEL 1.29 Decreased By ▼ -0.03 (-2.27%)
HUMNL 10.88 Decreased By ▼ -0.12 (-1.09%)
KEL 8.02 Decreased By ▼ -0.12 (-1.47%)
KOSM 5.52 Decreased By ▼ -0.06 (-1.08%)
MLCF 86.51 Decreased By ▼ -1.37 (-1.56%)
NBP 185.16 Decreased By ▼ -2.53 (-1.35%)
PACE 10.58 Decreased By ▼ -0.23 (-2.13%)
PAEL 39.42 Decreased By ▼ -0.65 (-1.62%)
PIAHCLA 26.22 Decreased By ▼ -0.27 (-1.02%)
PIBTL 16.67 Decreased By ▼ -0.09 (-0.54%)
PPL 228.18 Decreased By ▼ -2.19 (-0.95%)
PRL 34.68 Decreased By ▼ -0.36 (-1.03%)
PTC 65.33 Increased By ▲ 0.82 (1.27%)
SEARL 90.13 Increased By ▲ 0.25 (0.28%)
SSGC 26.60 Decreased By ▼ -0.37 (-1.37%)
TELE 8.28 Decreased By ▼ -0.09 (-1.08%)
THCCL 58.50 Decreased By ▼ -0.58 (-0.98%)
TPLP 8.22 Increased By ▲ 0.04 (0.49%)
TREET 24.53 Decreased By ▼ -0.47 (-1.88%)
TRG 69.71 Decreased By ▼ -0.92 (-1.3%)
WAVES 9.94 Decreased By ▼ -0.07 (-0.7%)
WTL 1.28 Decreased By ▼ -0.01 (-0.78%)
Markets

Oman signals preferential fuel supply to Pakistan amid regional tensions

  • During March, three cargoes of petrol and one cargo of diesel were imported from the ports of Oman
Published March 26, 2026 Updated March 26, 2026 04:27pm

Oman has signalled a willingness to provide preferential fuel cargoes to Pakistan, offering Islamabad a potential buffer against rising regional supply risks and ongoing geopolitical tensions.

The development came during a meeting between Federal Minister for Petroleum Ali Pervaiz Malik and H.E. Fahad Bin Sulaiman Bin Khalaf Alkharusi, Ambassador of the Sultanate of Oman to Pakistan, held on Thursday to discuss the evolving energy situation in the region and avenues for strengthening bilateral cooperation in the energy sector, read an official statement.

Malik highlighted that Pakistan and Oman enjoy long-standing, cordial and brotherly relations, rooted in shared history, mutual respect and strong people-to-people ties.

He reaffirmed Pakistan’s commitment to further expand the bilateral energy partnership and explore new areas of collaboration.

Fresh oil cargo arrives in Pakistan amid global volatility, more shipments lined up

During the meeting, the minister apprised the ambassador of Pakistan’s ongoing efforts to diversify its energy imports and ensure supply resilience, particularly by exploring alternative routes and sources outside the Strait of Hormuz in light of the changing regional dynamics, read the statement.

The envoy welcomed Pakistan’s push towards diversification and conveyed that Oman stands ready to support Pakistan in enhancing its energy security. In this regard, the federal minister expressed optimism that Oman would consider Pakistan’s request for preferential energy cargoes to meet its growing requirements.

The Omani Envoy responded positively and assured that the request would be considered favourably.

During March, three cargoes of petrol and one cargo of diesel were imported from the ports of Oman. Two more cargoes of petrol will be imported during March from Oman ports.

Opportunities for enhanced cooperation in the upstream sector were also discussed during the meeting, including exploration and production, and underscored the importance of expanding collaboration in oil and gas development projects.

It was noted that Pakistan State Oil (PSO) and Oman Trading International (OQT) are also engaged in constructive discussions to explore the possibility of additional oil cargoes to help meet Pakistan’s energy demand.

Both sides reaffirm their shared commitment to further deepen Pakistan-Oman cooperation in the energy sector and strengthen strategic ties for mutual benefit.

Comments

200 characters remaining