Pakistan continues to receive a consistent flow of petrol and LPG cargo vessels, enhancing the country’s fuel reserves. Several ships carrying petrol and LPG have recently docked at Port Qasim’s FOTCO Terminal, reinforcing the supply chain.
Among these, the vessel MT Burgan delivered 42,418 tonnes of motor oil to the port. Additionally, MT Lamos arrived from Amsterdam with 57,650 tonnes of petrol, specifically motor gasoline, which was offloaded at the FOTCO Terminal. In a notable development, MT Burgan also reached Port Qasim from Yanbu, Saudi Arabia, carrying another shipment of petrol.
On April 8, Port Qasim hosted a total of 13 ships, including a fuel tanker. These vessels transported a diverse range of commodities such as soybeans, coal, chemicals, coke, steel coils, and petrol. Notably, four large vessels brought in over 100,000 tonnes of soybeans, highlighting the port’s role in handling various essential imports.
In a significant policy move last week, Prime Minister Shehbaz Sharif announced reductions in petrol and diesel prices to ease the economic burden on consumers. The petrol price was lowered by Rs11.83 per litre, setting the new rate at Rs366.58 per litre. Meanwhile, the diesel price saw a substantial cut of Rs134.81 per litre, with the revised rate now at Rs385.54 per litre. These adjustments aim to provide partial relief amid ongoing economic challenges.
