Oil Import Financing Facility
Sector: Oil and Gas • Location: Pakistan
Source: ProPakistani
Pakistan and Saudi Arabia have signed an Oil Import Financing Facility worth $1.2 billion, allowing Pakistan to receive oil on deferred payment for one year. This facility aims to strengthen Pakistan's economic resilience by securing a stable supply of petroleum products while reducing immediate fiscal burdens.
- Status
- Closed
- Sector
- Oil and Gas, Government
- Location
- Pakistan
- Updated
- 22 Jul 2026
- Source
- ProPakistani
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Project Information
Participants
Sponsoring Agency |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Pakistan and Saudi Arabia have signed an Oil Import Financing Facility worth $1.2 billion, allowing Pakistan to receive oil on deferred payment for one year. This facility aims to strengthen Pakistan's economic resilience by securing a stable supply of petroleum products while reducing immediate fiscal burdens. |
Original sector | Energy |
Budget |
Location
Country | Pakistan |
Source
Source | ProPakistani |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government |
Article published date | 2025-02-14 |
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