Russia decides to supply crude oil to Pakistan..!?

The government of pakistan has announced that russia has decided to provide crude oil at a discounted price. Russia's war on ukraine has reached its 285th day today. On russia, due to this war, european countries are imposing various more economic sanctions. Also, for crude oil imported from russia, the european union has set a price ceiling by sea. Accordingly, for crude oil arriving by sea, the european union has set a price of USD 60 per barrel or less from Russia. Meanwhile, india has been buying large amounts of crude oil since the start of the Ukraine-Russia war from russia despite the warnings of the US and other european countries. Last October, where india imported the most crude oil, russia topped the list of countries. Last month, india bought around 22 percent of its total crude oil imports from Russia. Next to russia is iraq at 20.5 percent and saudi arabia at 16 percent and 2 and 3 on the list. Like india, pakistan is trying to buy crude oil from russia at discounted rates. pakistan Petroleum minister Masadiq Malik traveled to russia last month for talks on this matter. In this case, at a discounted price, pakistan said that russia has agreed to sell its crude oil. In this regard, pakistan Petroleum minister Masadiq Malik said that russia has decided to supply crude oil to pakistan at a discounted price. This crude oil is usually useful to produce petrol and diesel. At discounted rates, russia is going to give petrol and diesel to our neighbouring country Pakistan. For the production of liquefied natural gas, the Russian government is building new factories. russia has invited pakistan to start negotiations for a long-term agreement, he said.

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russia supplying to pakistan

Sowmiya Sriram

05/12/2022 10:58 PM