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Reading: Pakistan’s New Energy Chapter: First LPG Shipment from Russia
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Pakistan Russia LPG Shipment
PhotoNews Pakistan > Pakistan > Pakistan’s New Energy Chapter: First LPG Shipment from Russia
Pakistan

Pakistan’s New Energy Chapter: First LPG Shipment from Russia

Web Desk
By Web Desk Published September 26, 2023 1 Min Read
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Pakistan welcomed its inaugural liquified petroleum gas shipment from Russia, announced by Moscow’s embassy in Islamabad. This signifies Islamabad’s second significant energy acquisition from Russia.

Assisted by Iran, this delivery follows Pakistan’s first receipt of Russian crude oil earlier in the year, cementing a pact between the two nations.

The delivery, comprising 100,000 metric tonnes, transited via Iran’s Sarakhs Special Economic Zone, according to the Russian embassy’s social media update. The embassy mentioned ongoing discussions regarding another shipment but remained silent on the specifics of Iran’s role, the cost of the LPG, or any potential discounts.

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

While Pakistan confirmed payment for the Russian crude in Chinese currency, the exact value remains undisclosed.

Given that energy purchases dominate Pakistan’s external expenditures, these potentially discounted imports from Russia could alleviate economic pressures. Pakistan grapples with severe economic challenges, including an imminent risk of defaulting on its foreign debt.

TAGGED:FeaturedPak­istan
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