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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessPakistan and Russia in Energy Supply Talks
Pakistan's junior oil minister and the petroleum secretary have flown to Russia for oil and gas supply talks according to Reuters sources.
- The country has been struggling to buy gas shipments because of soaring prices while also struggling with higher oil markets. A lack of ability to secure LNG cargoes on international markets has led to shortages for both domestic and commercial users.
- Pakistan Finance Minister Ishaq Dar last month said that the country is considering buying discounted Russian oil.
- Russia is searching for new outlets for its fossil fuels, especially now western sanctions are ratcheting up and severely limiting its export volumes from December 5 when the EU oil ban takes place.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.