Canada Global (Web News) Musadik Malik, the state minister for petroleum, announced on Monday that Russia had chosen to offer Pakistan reduced crude oil, gasoline, and diesel.
Finance Minister Ishaq Dar stated earlier this month that Islamabad intends to join into the petroleum import agreement with Moscow on terms identical to those decided by New Delhi, despite the United States’ resistance to Pakistan’s purchase of Russian oil.
According to two individuals familiar with the situation who spoke to Reuters on the condition of anonymity, Malik and the petroleum secretary travelled to Russia last week for talks on the supply of gas and oil.
Speaking at a press conference today, the petroleum minister said that Pakistan and Russia were continuing their discussions with the national interest at the forefront.
Russia will also provide Pakistan with cheaper gasoline and diesel, he said.
He added that all issues in the energy sector would be handled with discounted Russian petroleum.
Malik claimed that due to “international pressure,” Russia had run out of liquefied natural gas (LNG) and had set up a meeting between the delegation and private businesses. He claimed that discussions had started with the Russian businesses.