Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Uncategorized

KSA gave $2b oil for free after nuclear tests: Pakistan buys oil from S Arabia, Gulf states on int’l price, says Dar

byCustoms Today Report
17/04/2015
in Uncategorized
Share on FacebookShare on Twitter

ISLAMABAD: Refuting the speculations, Federal Finance Minister Ishaq Dar has said that Saudi Arabia does not give Pakistan free oil, adding, “We buy oil from Saudi Arabia and Gulf states, including United Arab Emirates, Kuwait and Oman, on international price.”

While giving an interview to BBC, Ishaq Dar said only once in history Saudi Arabia gave free oil worth $2 billion and that was after Pakistan’s nuclear tests. He said that attack on Saudi Arabia will be considered attack on Pakistan and then Islamabad would have no option except practically getting involved in the war. He said that Prime Minister Nawaz Sharif, taking initiative, visited Turkey and also asked the Iranian Foreign Minister to bring the Houthis on negotiation table.

You might also like

Pakistan to get $3b loan from Islamic Trade Financing Corporation

20/10/2024

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

10/09/2024

Talking about Pakistan’s current role in Yemen conflict, he said that Pakistan is providing intelligence and logistic support to Saudi Arabia which is also being provided by Turkey, Britain and America. He brushed aside the impression that Pakistan’s decision of not sending its troops to Yemen would damage Islamabad’s relations with Gulf States.

Brushing aside the rumours about Saudi Arabia’s secret help in Pakistan’s nuclear and defence project, Dar said Riyadh provided Islamabad no secret help. “Saudi Arabia gave us free oil of $2 billion after nuclear tests and we are always grateful to this favour,” he said, adding that Saudi Arabia also gifted $1.5 billion after PML-N government came into power in 2013.

Related Stories

Pakistan to get $3b loan from Islamic Trade Financing Corporation

byCT Report
20/10/2024

ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

byCT Report
10/09/2024

LAHORE:  Regional Directorate of Customs Intelligence & Investigation has demonstrated exceptional performance in the first two months of the fiscal...

ICCI and CDA to join hands for tree plantation drive in Capital

byQaisar Mansoor
09/08/2023

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Capital Development Authority (CDA) would jointly launch a...

Customs Officials Yawar Abbas & Tariq Mehmood kidnapped in Karachi

byCT Report
08/07/2023

KARACHI: Customs Intelligence Officer Yawar Abbas and Customs Preventive Officer Tariq Mehmood who were working against smuggling were kidnapped by...

Next Post

Mitsubishi reveals final design for Mitsubishi Lancer Evo Final Edition

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.