Pakistan has a plan to import one million barrels of Russian oil per day
Minister of State for Petroleum, Mossadegh Malik, has said that Pakistan has issued its first order of subsidized oil from Russia.
In his statement, Mossadegh Malik said that an agreement has been reached with Russia to purchase discounted oil, and Pakistan will only get Russian crude oil, not refined oil.
In his statement, Mossadegh Malik said that an agreement has been reached with Russia to purchase discounted oil, and Pakistan will only get Russian crude oil, not refined oil.
He said that the first cargo of discounted oil from Russia will reach Pakistan in May, but the discount rate for buying Russian oil cannot be revealed. He said that the crude oil obtained from Russia will be refined in Pakistan Refinery Limited. Pakistan has the plan to import one million barrels of Russian oil per day.
