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Russia Could Supply Oil To Pakistan

OIL

Russia could start oil deliveries to Pakistan, after logistical and financial issues are resolved, Russian energy minister Nikolai Shulginov said.

  • "The issue of purchasing oil is a market-based and commercial one. As a matter of fact, so is the level of discounts. In order to be able to fully establish trade of Russian oil, it is necessary to resolve a number of logistical and financial issues. Our specialists are currently working on this so that everything would be mutually beneficial," Shulginov said.
  • "We are giving preferences to settlements in national currencies or in currencies of third countries protected from sanctions risks”, he added.
  • The negotiation process on oil supplies between the two countries is still ongoing.
Energy BulletsCommodities
Energy BulletsCommodities

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