Malik seeks Saudi Aramco LPG and Hub storage investment

Petroleum Minister Ali Pervez Malik asked Riyadh for dedicated LPG cargoes and storage investment after Iran border supply cuts raised winter fuel worries.

Islamabad has asked Saudi Arabia for dedicated LPG shipments before winter demand rises.

LPG imports via the Iran land border have been disrupted, adding to Hormuz and Red Sea shipping risks.

Pakistan is seeking Saudi and Kuwaiti investment in strategic oil storage and a Hub refining complex.

A tax-neutral bonded oil storage policy, modelled on Fujairah and Singapore, has been approved.

Talks also covered Reko Diq, Aramco crude, same-day Saudi visas, and a minerals forum on 12–13 November.

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Zaviya News