Pakistan will import around 32.7 Million Barrels of crude oil this yearunder an agreement signed with the Saudi Fund for Development to meet itsneeds of petroleum products on deferred payment.
The Pak-Arab Refinery Company Limited and National Refinery Limited areplanning to import 16.89 and 15.81 million barrels of oil in the year 2022respectively.
As per the agreement, the crude oil worth 100 million dollars per month forone year could be imported on deferred payment.
