Gulf countries Pakistan energy agreement

[Bogeyman]

A remarkable energy move from Pakistan.

Oil Minister Ali Parwaiz Malik said they are working on a joint project with Saudi Arabia, Kuwait, and Qatar.

According to the plan, a portion of the Gulf countries' oil reserves will be stored in Pakistan.

The aim: To increase energy security and ensure continuity of supply in the event of potential regional crises.

This step shows that Pakistan is increasing its weight in the Gulf energy equation. On the other hand, it is important not to consider Islamabad as independent from Beijing.

https://twitter.com/i/web/status/2086745771026628968

I'm asking the moderators to move the relevant posts here.

 

[Fatman17]

A remarkable energy move from Pakistan.

Oil Minister Ali Parwaiz Malik said they are working on a joint project with Saudi Arabia, Kuwait, and Qatar.

According to the plan, a portion of the Gulf countries' oil reserves will be stored in Pakistan.

The aim: To increase energy security and ensure continuity of supply in the event of potential regional crises.

This step shows that Pakistan is increasing its weight in the Gulf energy equation. On the other hand, it is important not to consider Islamabad as independent from Beijing.

https://twitter.com/i/web/status/2086745771026628968

I'm asking the moderators to move the relevant posts here.

These developments have been going on for a while independent of the security agreement. The main purpose was to have strategic storage facilities away from the Persian Gulf.

 

[Fatman17]

Pakistan to partner with Saudi Arabia, Kuwait, Qatar on oil storage scheme

Petroleum minister says move to provide Pakistan greater energy security; Turkish company to begin offshore drilling operations soon.

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