Home Latest Russia rules out ‘special discount’ on crude sales to Pakistan

Russia rules out ‘special discount’ on crude sales to Pakistan

1 min read

As the crisis-ridden country received its first shipment of Russian crude oil under groundbreaking agreement, Russian Energy Minister Nikolai Shulginov ruled out any sort of special discount for Islamabad on the purchase of ‘Urals’ crude from Moscow.

According to foreign media, the minister told media that “Oil deliveries to Pakistan have begun. There is no special discount; for Pakistan, it is the same as for other buyers.”

He revealed that following the consent of both countries decision was made to make payments in the currencies of friendly countries. Mr Nikolai also confirmed that the issue of barter supplies was also discussed, “but no decision has been made yet.”

It is pertinent to mention that Pakistan has purchased 100,000 metric tons of Russian crude oil, of which 45,000 tons arrived earlier this week.

Meanwhile, Prime Minister Shehbaz Sharif termed the agreement as “the beginning of a new relationship” between Islamabad and Moscow.

  • Internews Pakistan is an Islamabad-based news agency established in 1997.

Load More Related Articles
Load More By Editor in Chief
Load More In Latest
Comments are closed.

Check Also

Climate Change Threatens Gilgit-Baltistan as Glaciers Melt and Communities Face Rising Risks

By Raja Kashif Hussain Maqpoon| Editor-in-Chief Daily K2 Gilgit-Baltistan – July 26, 2025 …