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Second Russian crude oil cargo arrives

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Amraiz Khan
Lahore

A big reduction in the prices of petroleum products is expected soon as second Russian ship Clyde Noble loaded with crude oil reached Karachi port on Tuesday.

Masses were hopeful that after the arrival of the first Russian oil in Pakistan prices of petroleum products would be reduced but the authorities concerned were of the view that after regular arrival of Russian oil, the prices of petroleum products would be reduced.

As soon as the berthing plan of the ship is finalised, it will be docked at the oil pier. The ‘Clyde Noble’ vessel carrying Urals oil was in the Arabian Sea and en route to the port of Karachi, as per prior reports via sources.

“The vessel is expected to arrive at Karachi Port by Tuesday.”

It was reported that the second cargo, under the deal between Islamabad and Moscow, was slated to arrive on June 20; however, it was delayed by a week and scheduled to dock today.

A lack of space in the Pakistan Refinery Limited storage tanks was cited as the reason behind the delay. PRL is the first domestic refinery to obtain crude oil from Russia under the government-led deal.

Pakistan received its first cargo of Russian crude oil on June 12 when a tanker carrying 45,000 tonnes of crude oil docked at the Karachi port.

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