Islamabad: Russia refused to give Pakistan a 30-40% discount on Russian crude oil, saying that it could not offer anything right now as all volumes were committed. The Pakistan delegation, comprising of State Minister for Petroleum Musadik Malik, joint secretary and officials of the Pakistan Embassy in Moscow, asked for a discount during talks in Moscow. The talks ended with no cogent conclusion but the Russian side promised to consider Pakistan’s demand and to share its mind later on through diplomatic channels.
You May Also Like
German Economy to Shrink 5.4% in 2020: Think-Tanks
Frankfurt am Main, Oct 14 (AFP/APP): Germany’s economy will shrink more than…
- Sanniah Hassan
- October 14, 2020
Rupee closes at Rs177.5 against US dollar
Karachi: Contrary to the prevailing trend during the week, the Pakistani currency…
- Alina Hashmi
- March 5, 2022
Australia bans alumina exports to Russia
On March 20, Australia had exacted an immediate ban on exports of…
- Alina Hashmi
- March 20, 2022
Emirates to ‘set up’ major cargo business hub at Karachi airport
Emirates Airline has announced to establish a major cargo business hub at…
- Hafsa Mustafa
- January 22, 2025