Second Russian oil shipment reaches Pakistan

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The second ship loaded with Russian crude oil has reached the Karachi Port.

Russian crude oil-laden ship Clyde Noble has arrived at Karachi Port and the ship was docked with the port. As soon as the berthing plan of the ship is finalized, the ship will be installed on the oil pier.

Earlier on June 11, the first Russian crude oil tanker reached Karachi port, the 183-meter-long Russian ship was loaded with 45,000 metric tons of oil in pure point and the ship was able to reach Karachi before the cyclone.

How much difference will the arrival of Russian oil make to oil prices?

In this regard, Minister of State for Petroleum Musaddiq Malik had said that if the supply of oil from Russia starts continuously, then there will be a difference in prices.

Musaddiq Malik said that if we start taking one-third of our crude oil from Russia, then there will be a big difference in prices and its effect will reach the pockets of the people, our target is that one-third of the crude oil comes from Russia at a discounted price. There will be a big difference and the impact will reach people’s pockets.