December 12, 2023 2:15 am

RT Business News: First Russian fuel delivery arrives in Pakistan

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Russia has successfully delivered its first shipment of liquefied petroleum gas (LPG) to Pakistan via Iran, with the head of Sarakhs Special Economic Zone, Mohammad Reza Berahmand, confirming the news. This delivery marks a significant milestone in the energy cooperation between the three countries.

The first cargo, consisting of more than 100,000 metric tons of Russian LPG, was transported through the Iranian special economic zone located in the northeastern province of Khorasan Razavi to Sistan Va Baluchestan province in Pakistan. The transit operation, which took six months to complete, was the first of its kind. Berahmand also revealed that negotiations are underway between Moscow and Islamabad for a new contract to deliver a second LPG cargo to Pakistan via Iran.

LPG is a fuel gas composed of propane and butane, commonly used in heating appliances and vehicles. The supply of LPG from Russia to Pakistan through Iran provides Islamabad with a valuable alternative energy source as it seeks to address its economic challenges and diversify its energy imports.

Pakistan’s interest in broadening its energy cooperation with Russia is further evident as a high-level Pakistani delegation is scheduled to attend an upcoming energy conference in Russia next month. During the conference, discussions on long-term contracts for importing Russian oil will take place, highlighting Pakistan’s commitment to finding cheaper fuel options and establishing more dependable energy sources.

This recent development encompasses a mutual interest among all three countries involved. Iran serves as a crucial transit point for energy supplies, helping to facilitate trade and enhance regional connectivity. Russia, as one of the world’s largest producers of natural gas and oil, sees an opportunity to expand its energy exports by tapping into the Pakistani market. Pakistan, facing economic challenges and seeking reliable energy sources, welcomes the availability of Russian LPG via Iran as an alternative to its traditional suppliers.

The successful delivery of the first Russian LPG cargo to Pakistan via Iran highlights the potential for deeper cooperation in the future. It not only strengthens energy ties between the three countries but also showcases the importance of regional partnerships and connectivity. As Pakistan looks to diversify its energy sources and enhance its energy security, collaboration with Russia and Iran presents an attractive opportunity for economic growth and stability.

In conclusion, the first shipment of Russian LPG to Pakistan via Iran marks a significant step in strengthening energy cooperation between the three countries. With negotiations underway for a second cargo and Pakistan’s interest in expanding energy cooperation with Russia, this development opens up new possibilities for regional trade and connectivity. The successful transit operation showcases the potential for deeper collaboration in the future, providing Islamabad with alternative and cheaper fuel options while helping Moscow tap into the Pakistani market. Overall, this initiative demonstrates the importance of regional partnerships in addressing energy challenges and promoting economic growth.

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Original Source: RT Business News: First Russian fuel delivery arrives in Pakistan

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