ISLAMABAD, May 9: Pakistan would seek supply of oil from Kuwait at subsidised rates during the three-day visit of the Kuwaiti Amir Sheikh Sabah Al Ahmed Al Jaber Al Sabah, scheduled from May 19.
Kuwait and three other oil-rich Gulf states — Saudi Arabia, the UAE and Qatar — had assured oil subsidies following the October 8 earthquake in Pakistan, a private television channel reported.
Pakistan’s total crude oil requirement is about 240,000 barrels per day. Of this, around 177,000 barrels are imported while the rest is produced locally.
Saudi Arabia is a major oil supplier of Pakistan, with about 110,000 barrels of crude oil supply per day, while the UAE and Qatar export 60,000 barrels.—APP
