Forteinvest secures deal to supply Russian gasoline to Pakistan by land
Pakistan
Russian oil refiner already sold trader 1,000-ton gasoline from for delivery to Pakistan
MOSCOW (Reuters) - As Russian refiners look for alternate markets for motor fuels days before an EU import ban, independent Russian oil refiner Forteinvest has secured a deal that will see Russian gasoline shipped to Pakistan by land for the first time.
Reuters has reported citing sources, Forteinvest has received more requests to provide Pakistan with gasoline, diesel, and LPG. Forteinvest has already sold a trader a 1,000-tonne lot of gasoline from its Orsk facility for delivery to Pakistan.
Due to the lack of direct rail links between Russia and Pakistan, the sources claimed the refined goods will be transported by rail from the Orsk refinery in Russia s Orenburg area close to the Kazakhstan border to Afghanistan before being unloaded onto tank trucks for transportation to Pakistan.
The action comes days before the imposition of fresh Western sanctions as the 27-member EU and the G7 countries work to cut back on Russia s income from oil shipments without jeopardising global supplies.
On February 5, a price ceiling on imported Russian oil products and an EU import embargo on Russia s refined goods are scheduled to go into effect. If arrangements are reached, Russia s energy minister indicated on January 20 that oil exports to Pakistan, which suffers from a severe energy shortage, might begin after March.
