Pakistan has successfully received its first supply of liquefied petroleum gas (LPG) from Russia, marking a crucial turning point in the two countries’ expanding energy relations.
This development was confirmed by the Russian embassy in Islamabad, which also emphasised the critical role Iran played in facilitating the delivery.
This is Pakistan’s second significant energy deal with Russia this year, following its earlier purchase of Russian crude oil.
Sarakhs Special Economic Zone in Iran served as the route for the 100,000-metric-ton s shipment. Although the specifics of Iran’s contribution and cost are yet unknown, ongoing conversations for a subsequent shipment are ongoing.
Although the precise value of the deal was not made public, Pakistan had previously traded Russian crude for Chinese cash. Discounted imports from Russia are seen as a lifeline in the face of the country’s economic crisis and severe balance of payments issues, possibly preventing a default on external debt, as energy imports account for a sizeable amount of Pakistan’s external payments.