Pakistan is encouraging Persian Gulf oil producers to establish crude reserve buffers at its planned Energy City near Gwadar Port. This initiative aims to create strategic reserves for emergency use, as Pakistan currently lacks such buffers. Kuwait has already shown interest in this proposal, which also includes LNG and LPG terminals.

Pakistan is pushing Gulf oil producers to build emergency crude reserves at a planned Energy City near Gwadar Port, with Kuwait already expressing interest amid the ongoing Hormuz…

Pakistan is encouraging Persian Gulf oil producers to establish crude reserve buffers at its planned Energy City near Gwadar Port. This initiative aims to create strategic…