A second shipment of 55,000 tons of Russian URAL crude arrived in Pakistan on Tuesday and is currently waiting to dock at the Karachi Port. Upon confirmation of the berthing plan, the ship will dock at the oil pier. On its way to the port of Karachi earlier today, the “Clyde Noble freighter” carrying the URAL crude was in the Arabian Sea.
Originally scheduled to arrive on June 20, the second cargo is now anticipated to dock today. Pakistan received its first shipment of URAL crude on June 12 when a ship carrying 45,000 tons of Russian crude oil docked at the Karachi port.
In April of this year, the government placed the first order for 100,000 tons of Russian crude oil after months of discussions between the two nations regarding the terms of the deal. In accordance with this agreement, Russia sent the first oil tanker, which arrived at the port in Oman earlier this month.
However, due to Pakistan Refinery Limited’s (PRL) limited storage capacity, the Pakistani port was unable to accept massive consignments of over 50,000 tons of oil cargo. As a result, the authorities decided that it would be transported into Pakistan via smaller ships.
In any case, PRL will probably need about two months to refine the fuel because the refinery first combines Saudi Aramco crude with Russian URAL before refining it.
In accordance with an agreement reached between Islamabad and Russia, Pakistan placed its first order for Russian crude at the end of April. Musadik Malik, Pakistan’s energy minister at the time, emphasized that Pakistan would only purchase crude fuels and not refined ones.
The minister added that if the first transaction goes off without a hitch, daily imports of Russian crude are anticipated to reach 100,000 barrels.
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