Pakistan is about to start talks to buy additional Russian oil at a discount, and the government is hoping that this time, they can reach a long-term agreement. A group from Pakistan is expect to arrive in Russia on October 9 to examine the possibility of long-term agreements for both gas and oil. According to […]Read More
KARACHI: Pakistan has completed the transfer of crude oil from a Russian ship that reached Karachi port with over 45,000 metric tons of oil, earlier on Sunday. According to details, the transfer of oil from a Russian ship to Karachi port was completed by the authorities safely as cyclone Biparjoy is coming closer to Pakistan’s […]Read More
MOSCOW: Independent Russian oil refiner Forte invest has clinched a deal that will see Russian gasoline sent to Pakistan by land for the first time, two industry sources said on Friday, as Russian refiners seek alternative markets for motor fuels days before an EU import ban. Forte invest has sold to a trader an initial […]Read More
ISLAMABAD: Russia could start exporting oil to energy-starved Pakistan after March if terms are agreed, and is discussing with Islamabad whether payment could be made in the currencies of “friendly” countries, Russia’s energy minister said on Friday. Pakistan has been battling a balance of payment crisis with foreign exchange reserves falling to $4.6 billion, barely […]Read More
ISLAMABAD: Russian Oil, Following the footsteps of PTI Chairman Imran Khan, the coalition government has begun consultation to buy cheaper oil from Russia, private news channel reported while quoting sources. According to sources, the incumbent government has begun consultation to buy cheaper oil from Russia. In this regard, the Petroleum Division has penned down letters […]Read More
PTI Chief Imran Khan has said that India is providing its citizens with 40% cheaper Russian imported oil while our government has increased the prices by Rs84, privet news channel reported. Addressing a lawyer’s convention in Islamabad High Court (IHC) the PTI chief said that if the Indian government can buy 40% cheaper oil from […]Read More
KARACHI: Finance Minister Miftah Ismail on Tuesday said ‘difficult to imagine buying Russian oil’. The government has approached Russia and Ukraine to buy wheat. But Western sanctions have made any oil import impossible from Moscow. Russia is under sanctions and has not responded to the letter written to it by the previous government, but we […]Read More
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