Russia asks Pakistan to honor commitment to lay Gas Pipes from Karachi to Lahore

Khalid Umar Malik
02 Dec 2022, 01:44 GMT+10

Russia refused to give Pakistan a 30-40% discount on Russian crude oil, claiming that all volumes were already committed, according to the press on Thursday.
During talks in Moscow, the Pakistan delegation, which included State Minister for Petroleum Musadik Malik, a joint secretary, and officials from the Pakistan Embassy in Moscow, request ...
The talks ended without a clear conclusion, but the Russian side promised to consider Pakistan's request and share its opinions later via diplomatic channels.

ISLAMABAD, Pakistan - Russia refused to give Pakistan a 30-40 percent discount on Russian crude oil, claiming that all volumes were already committed, according to the press on Thursday.

During talks in Moscow, the Pakistan delegation, which included State Minister for Petroleum Musadik Malik, a joint secretary, and officials from the Pakistan Embassy in Moscow, requested a discount.

The talks ended without a clear conclusion, but the Russian side promised to consider Pakistan's request and share its opinions later via diplomatic channels.

According to sources, Russia can offer crude at the rates it currently offers to its large client countries, which have reliable and sound economies, at a suitable time. They stated that all volumes are now committed to large buyers.

The Russian side requested that Pakistan first honor its commitment to the Pakistan Stream Gas Pipeline, which will run from Karachi to Lahore, Punjab.

According to sources in the industrial ministry, Russian crude oil can be processed in Pakistani refineries, and one private refinery has previously used Russian crude oil to deliver finished products.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Bangladesh Sun.

More Information

20 ℃

Fog in Dhaka/Shahjalal Intl

Asia Sports

Section

ICC congratulates Aaron Finch for exceptional international cricket career

Dubai [UAE], February 8 (ANI): The International Cricket Council (ICC) congratulated Australia's Aaron Finch for a wonderful international career that ...

J-K: 3 LeT terrorist associates arrested in Srinagar, police recover Rs 31.6 lakh cash

Srinagar (JammuKashmir) [India], February 7 (ANI): As many as three terrorists associated with proscribed terror outfit LeT were arrested in ...

Jay sir gave us confidence ahead of final, told us to enjoy our moment: U19 T20 WC winning skipper Shafali Verma

New Delhi [India], February 7 (ANI): India U19 Women's T20 World Cup winning skipper and batter Shafali Verma said on ...

WPL: 409 players to go under the hammer during player's auction; Harmanpreet, Smriti, Ecclestone, Perry among players with highest reserve price

Mumbai (Maharashtra) [India], February 7 (ANI): A total of 409 players will go under the hammer during the auction of ...

Players like Virat Kohli will always choose best series: Stoinis

New Delhi [India], February 7 (ANI): India are all set to take on the mighty Aussies in the Border-Gavaskar Trophy ...

There will be temptation to play three spinners, says KL Rahul ahead of 1st BGT Test against Australia

Nagpur (Maharashtra) [India], February 7 (ANI): Ahead of the first Test of the Border-Gavaskar Trophy against Australia, Indian batter KL ...

Business

Section