Saudi Arabia has provided Pakistan with an oil facility worth $400 million over the past four months, reflecting strong energy cooperation between the two nations.
In October alone, Pakistan received an additional $100 million facility from the Kingdom, continuing the trend of monthly support designed to stabilize the country’s energy supply.
Read more : Pakistan and Saudi Arabia Resolve Long-Standing Rohingya Status …
Reports indicate that Saudi Arabia consistently provides Pakistan with $100 million in oil facilities every month, helping Islamabad manage rising energy demands and maintain smooth fuel supplies for domestic and industrial needs.
The facility forms part of broader economic and strategic ties between Pakistan and Saudi Arabia, which aim to strengthen energy security and foster long-term trade and investment relations.
Read more : Saudi Aramco signs $30bn preliminary deals with US firms
Experts note that these provisions will allow Pakistan to better manage import costs and energy shortages, particularly during high-demand periods, reducing pressure on its balance of payments.
Saudi Arabia is expected to provide a total of $1 billion in oil support to Pakistan during the current year, ensuring continued stability and reinforcing bilateral collaboration in the energy sector.