PSO & Oman Trading discuss provision of additional oil cargoes

ISLAMABAD: Pakistan State Oil (PSO) and Oman Trading International are engaged in constructive discussions to explore the possibility of providing additional oil cargoes to help Pakistan meet energy demand. In March, three cargoes of petrol and one cargo of diesel were imported from the ports of Oman. Two more cargoes of petrol will be imported this month from Oman ports. In this respect, Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with Fahad Bin Sulaiman Bin Khalaf Alkharusi, the Ambassador of the Sultanate of Oman to Pakistan. Both sides discussed the evolving energy situation in the region and avenues for strengthening bilateral cooperation in the energy sector. The Federal Minister highlighted that Pakistan and Oman enjoy long-standing, cordial and brotherly relations, rooted in shared history, mutual respect and strong people-to-people ties. He reaffirmed Pakistan’s commitment to further expand the bilateral energy partnership and explore new areas of collaboration. During the meeting, the Federal Minister apprised the Ambassador of Pakistan’s ongoing efforts to diversify its energy imports and ensure supply resilience, particularly by exploring alternative routes and sources outside the Strait of Hormuz in light of the changing regional dynamics. The Ambassador welcomed Pakistan’s push towards diversification and conveyed that Oman stands ready to support Pakistan in enhancing its energy security. In this regard, the Federal Minister expressed optimism that Oman would consider Pakistan’s request for preferential energy cargoes to meet its growing requirements. The Ambassador responded positively and assured that the request would be considered favourably. The meeting also discussed opportunities for enhanced cooperation in the upstream sector, including exploration and production, and underscored the importance of expanding collaboration in oil and gas development projects. Both sides reaffirmed their shared commitment to further deepen Pakistan-Oman cooperation in the energy sector and strengthen strategic ties for mutual benefit. Copyright Business Recorder, 2026

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