Govt seeks 15-year Saudi oil facility

The Express Tribune • Oct 14, 2026

Aurangzeb raises $1.2b deferred payment facility with SFD chief

Pakistan on Tuesday took up the issue of revival of the $1.2 billion annual oil facility on deferred payments with the Saudi Fund for Development (SFD), as both sides discussed ways to deepen energy cooperation. Finance Minister Muhammad Aurangzeb raised the matter with SFD Chief Executive Officer Sultan Abdulrahman Al-Marshad on the sidelines of the World Bank and International Monetary Fund (IMF) annual meetings t...