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  1. farok84

    First cargo of discounted Russian crude oil arrives in Karachi: PM Shehbaz

    https://www.voanews.com/a/russia-says-it-s-selling-oil-to-pakistan-without-special-discount-/7140985.html Russia Says It's Selling Oil to Pakistan Without 'Special Discount' June 16, 2023 7:16 PM Ayaz Gul FILE - In this photo released by Karachi Port Trust, a Russian ship carrying oil is...
  2. farok84

    First cargo of discounted Russian crude oil arrives in Karachi: PM Shehbaz

    Exactly, hopefully someone can do maths and find out how much loss they have incurred over a year (petroleum product prices, electricity/ energy production cost, fuel adjustment charges, foreign exchange rate/ paying extra, the precious $$$ per barrel that we could have saved).
  3. farok84

    The Slippery Stance of Refining Russian Oil

    Explaining the reasons behind the belated arrival of Russian cargo at the Oman port, the official said, “The vessel, which was loaded with Ural crude on April 21 at a Russian port, got delayed by 10 days due to technical reasons. It then arrived at Egypt’s Suez Canal on May 17, where it waited...
  4. farok84

    Oil, Gas and Refinery Projects update

    Explaining the reasons behind the belated arrival of Russian cargo at the Oman port, the official said, “The vessel, which was loaded with Ural crude on April 21 at a Russian port, got delayed by 10 days due to technical reasons. It then arrived at Egypt’s Suez Canal on May 17, where it waited...
  5. farok84

    The Slippery Stance of Refining Russian Oil

    Russian ship carrying 750,000 barrels crude to arrive in June By Khalid Mustafa May 05, 2023 ISLAMABAD: A Russian test cargo carrying 750,000 barrels of crude would likely arrive in the first week of June, which will determine the future of fuel trade if found cheaper after the refining cost...
  6. farok84

    Pakistan places first order for discounted Russian crude

    Hi, I guess I misunderstood your earlier post, thought you were talking about Urals Blend quality improvements and that somehow enabling Pakistan to refine it. I will say Pmln's Qatar LNG contract was way better than PPP's IP contract. If Iran agrees to lower gas price through IP and even...
  7. farok84

    Pakistan places first order for discounted Russian crude

    Really? Some reference will be much appreciated. The thread isn't about IP, but would love to know why do you think IP (in its current aggrement) was good for Pakistan and Pakistan's consumers?
  8. farok84

    Pakistan places first order for discounted Russian crude

    Hi, Care to explain further? Why exactly it can't be done earlier?
  9. farok84

    Pakistan places first order for discounted Russian crude

    Hi, Yes, it was first reported back by Reuters in June 2022, and was partially attributed to lack of production from higher sulfur content fields. "Urals oil loading from Primorsk port is sweeter with the sulphur content falling to 1.59% for cargoes loading in May-June on average, while in...
  10. farok84

    Pakistan places first order for discounted Russian crude

    Hi, Although it's the deal for just one cargo, to validate Pakistan's will and ability to pay, it is nonetheless an excellent and welcome news. Hope everything goes smoothly. 21 Apr, 2023 05:41 Home Business News Pakistan places first order for Russian oil – official Moscow will sell crude to...
  11. farok84

    Merry Christmas 2022!

    Merry Christmas and Happy Hanukah to all celebrating.
  12. farok84

    Oil, Gas and Refinery Projects update

    $4.5 billion oil refinery in Gwadar to be discussed today By Yasir Habib Khan | Gwadar Pro Dec 20, 2022 GWADAR, Dec.20 (Gwadar Pro) - In order to materialize the $4.5 b oil refinery project in Gwadar, five-member delegation of Chinese Company “East Sea Group Limited (ESGL)” is visiting Gwadar...
  13. farok84

    Making history: first ever LNG tanker en route to Germany

    https://www.reuters.com/business/energy/germany-completes-construction-wilhelmshaven-floating-lng-terminal-2022-11-15/ Germany completes Wilhelmshaven floating LNG terminal, more to come By Vera Eckert [1/3] General view of the new floating LNG gas terminal, which allows Germany to import LNG...
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