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Free AccessRussian Crude Import Negotiations into Pakistan "At Advanced Level": Pakistan Ambassador
Pakistan plans to boost Russian oil purchases as a cheaper energy source according to Pakistan’s new Ambassador to Russia Muhammad Khalid Jamali.
- "Russia is one of sources where we can get cheap oil, and this is what our technical experts address. Our interim federal energy minister Mohammad Ali has even said that initially we would like to purchase 10% of oil totally consumed in Russia. Later this volume may be increased to 30%," he said.
- "Negotiations at advanced level on the issue are underway," he added.
- "I am very much satisfied with the fact that the first batch of 100,000 tons of oil was delivered to Pakistan this June," he added.
To read the full story
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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.