ECC To Approve PSO Deal With Oman’s OQ Trading: Federal Minister Ali Pervaiz Malik Meets Oman Ambassador Fahad Bin Sulaiman Bin Khalaf Alkharusi. Three Petrol Cargoes And One Diesel Cargo Already Imported From Oman Ports In March. Two More Petrol Cargoes This Month. Oman Responds Positively On Preferential Cargo Request
According to Business Recorder, the Economic Coordination Committee of the Cabinet is expected to approve a sale and purchase agreement for petroleum products between Pakistan State Oil Company Limited and OQ Trading Limited of Oman at its Monday meeting, formalising a bilateral energy arrangement that has already seen five cargoes of fuel imported from Oman ports in 2026.
Federal Minister for Petroleum Ali Pervaiz Malik met Oman Ambassador Fahad Bin Sulaiman Bin Khalaf Alkharusi and discussed the evolving energy situation in the region and avenues for strengthening bilateral cooperation. The minister highlighted Pakistan’s ongoing efforts to diversify its energy imports and ensure supply resilience, specifically by exploring alternative routes and sources outside the Strait of Hormuz in light of changing regional dynamics.
In March, PSO and Oman Trading International held discussions that led to the import of three petrol cargoes and one diesel cargo from Oman ports. Two more petrol cargoes are being imported this month. Minister Malik expressed optimism that Oman would consider preferential energy cargoes for Pakistan. The Ambassador responded positively and assured the request would be considered favourably. The two sides also discussed upstream cooperation including exploration and production.
Pakistan’s fuel imports are moving around the Strait of Hormuz. Oman is where that rerouting runs through.
Check out our previous coverage of Pakistan’s energy sector on The Trusted Times.
