Pakistan and Saudi Arabia Finalize $1.2 Billion Oil Import Financing Agreement
Saudi Arabia to Finalize $1.2 Billion Oil Deal with Pakistan by December 2025 Saudi Arabia is set to finalize a $1.2 billion oil facility agreement with Pakistan in December 2025. Under this deal.
Saudi Arabia to Finalize $1.2 Billion Oil Deal with Pakistan by December 2025
Saudi Arabia is set to finalize a $1.2 billion oil facility agreement with Pakistan in December 2025. Under this deal, Pakistan will receive $100 million per month on a deferred payment plan for the next 12 months. This agreement is vital for Pakistan as it seeks a $7 billion Extended Fund Facility (EFF) from the IMF. The partnership reflects Saudi Arabia’s commitment to strengthening Pakistan’s energy security and supporting key infrastructure and hydropower projects in the country.
