Editor Report
ISLAMABAD: Kuwait has assured full facilitation in the supply of diesel and jet fuel to Pakistan, which has been stalled due to the closure of the Strait of Hormuz due to the ongoing US-Israeli war on Iran.The assurance for the revival of oil exports to Pakistan came after Tehran allowed 20 cargoes with Pakistani flags to pass the Strait of Hormuz, as announced by Deputy Prime Minister and Foreign Minister Ishaq Dar on Saturday.Pakistan imports more than 60 per cent of its diesel from Kuwait under a long-term contract between state-run oil giants of the two countries — Kuwait Petroleum Corporation (KPC) and Pakistan State Oil.Alternative routes, following the closure of the Strait of Hormuz, have resulted in additional freight costs for Pakistan.On Monday, Minister for Petroleum Ali Pervaiz Malik held a meeting with Kuwait’s Ambassador to Pakistan Nassar Abdulrahman Jasser Almutairi to discuss bilateral relations, energy cooperation, and regional developments.
