Oil Archives - viralnom

In an exciting development for the energy sector, the bustling port of Karachi welcomed a shipment of cost-effective Russian crude oil. This marked a significant milestone for the country's oil industry. The arrival of this affordable commodity has sparked renewed hope. Pakistan is seeking to diversify its energy sources and boost its economic growth. The tanker carrying the Russian crude oil docked at Karachi port on 11 June. This is the culmination of extensive negotiations between Pakistani and Russian authorities. This milestone deal is set to strengthen bilateral ties between the two nations. It will offer new prospects for Pakistan's energy landscape. The arrival of cheap Russian crude oil comes at a crucial time. Pakistan is actively seeking alternative energy sources to redu...

Saudi Arabia has recently decided that it would build an Aramco Oil Refinery in Gwadar Pakistan. Gwadar is the world's only deep-sea port but unfortunately, Pakistan could not use it for decades. This is because firstly Pakistan did not have enough economic stability to fund the port for operations. The second and main reason behind the closure of Gwadar port is the state of threat and terrorism in the province. However, in the past few years, the government was able to somehow manage both of these problems. Saudi Arabia is an old friend of Pakistan due to its diplomatic and religious ties. Saudi Arabia has announced that it would build an Aramco Oil Refinery in Gwadar. The government of Pakistan was continuously pushing KSA to invest more money into Pakistan. Saudi Arabia had agreed t...

Tag: Oil

Cheap Russian Crude oil arrives at Karachi port

Saudi Arabia to build Aramco Oil Refinery in Gwadar