Saudi Oil Facility on Deferred Payment
Sector: Oil and Gas • Location: Islamabad, Pakistan
Source: Business Recorder
Pakistan has signed an agreement with the Saudi Fund for Development to import Saudi oil on deferred payment for one year, totaling $1.2 billion. This deal aims to stabilize the supply of petroleum products and alleviate immediate fiscal burdens for Pakistan.
- Status
- Closed
- Sector
- Oil and Gas, Government
- Location
- Islamabad, Pakistan
- Updated
- 22 Jul 2026
- Source
- Business Recorder
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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 has signed an agreement with the Saudi Fund for Development to import Saudi oil on deferred payment for one year, totaling $1.2 billion. This deal aims to stabilize the supply of petroleum products and alleviate immediate fiscal burdens for Pakistan. |
Original sector | Energy |
Budget |
Location
Country | Pakistan |
State | Islamabad |
City | Islamabad |
Source
Source | Business Recorder |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government |
Article published date | 2025-02-14 |
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