Pakistan will start importing oil from Russia this spring

Another major Asian country has decided to buy Russian oil despite the sanctions.

Pakistani Oil Minister Musadiq Malik said his country plans to start buying Russian crude oil in April this year.
The minister explained that before April, all the terms of the deal would be agreed between the parties, including the issue of paying for black gold in the national currency of Pakistan or Russian rubles.

In April, Russian crude oil will start flowing into Pakistan at an affordable price. It will be beneficial for both countries

Malik said, according to News International.

Islamabad, in cooperation with Moscow, has developed a plan for the country's energy security, according to which Pakistan will receive from Russia not only oil, but also other types of fuel.

The Pakistani minister noted that energy supplies from Russia at relatively low prices would make the country's energy security more stable. Malik had previously said that oil imports from Russia would cover more than a third of Pakistan's needs for this raw material.

Recall that back in October last year, Islamabad stated that the country should follow the example of New Delhi, which successfully purchases Russian fuel, and also begin negotiations with Moscow on oil and gas supplies.

Pakistan is a country in South Asia with a population of about 250 million people.

Comments

[svp67]

Well, Pakistan has already been "thrown" by suppliers several times, redirecting their tankers to where they pay more ... Let's see how it goes on

[credo]

The issue of price is tactfully omitted, although for the citizens of Russia it is very interesting.

[bath]

The issue of price is tactfully omitted, although for the citizens of Russia it is very interesting.

Why can't you just notice that Pakistan is geographically very close to its Muslim brothers, Saudi Arabia? (By the way, Saudi Arabia pays for many of Pakistan's arms purchases.)

I can't imagine why Pakistan would want to buy oil from Russia if there isn't enough price lure.

I even see this as a manifestation of Pakistan's goodwill towards Russia.

[bayard]

Quote from: wanna

I even see this as a manifestation of Pakistan's goodwill towards Russia.

And I see a redistribution of sales markets.
With the unconditional goodwill of the parties.
Saudi Arabia enters the European market instead of Russia and concedes to it, in turn, its share in the markets of China, Pakistan and India.
And the lower price of Russian oil becomes a pleasant bonus for Pakistan ... After all, he will also have to ignore US pressure.

[bayard]

Quote: credo

The issue of price is tactfully omitted, although for the citizens of Russia it is very interesting.

Well, let's see how much Russia received for its oil until February 25.02.2022, XNUMX.
Why is this date worth it?
Exactly 25.02.2022/40/41. Putin announced the termination of the notorious "Budget Rule" from the IMF in (and for) the Russian Federation, according to which, REGARDLESS of the cost of oil on the exchanges, the seller from Russia received NO MORE THAN XNUMX, and at the very end of the epic XNUMX US dollars.
NO MORE !
And now, for 11 months, Russia receives all the proceeds from its oil. And despite the discount for risks, the lack of insurance and self-pickup (until they themselves bought tankers), the cost of oil for the Russian Federation is MORE than those same $40.
So the citizens of the Russian Federation can be calm - the prices for Russian oil are higher than what we received earlier. And with the debugging of logistics and the development of domestic insurance companies, the price of Russian oil will approach the world one.
And the world price will not become cheaper.
So decided the main countries of its producers - flood monarchies, Russia, Venezuela. The US will not be able to flood the world with its oil, they consume more than they produce. Moreover, they need heavy oil ... and only Russia, Venezuela and Iran have it.
And Pakistan ... well done. I think his plans are coordinated with Saudi Arabia, which quite supports us in oil pricing policy. And not only .

[bath]

Russians probably don't know Pakistan is supplying munitions to Ukraine

They obviously know that China is neutral, so why are they supplying shells to Ukraine? Do they have something unique in mind?

1 that Pakistan is a form of retaliation based on Russian support for India?

2, is Pakistan still a Commonwealth country?

3, Pakistan does not care about keeping pace with China?

In any case, it seemed to China a little strange. It is their sovereign right to supply shells to Ukraine, but Pakistan should have informed us about this in advance, based on the fact that it is in an alliance with China.

[lDaive]

Why should Pakistan fully follow the ideas of China? 

Has China's non-intervention in the internal affairs of other countries been abolished? 

[bath]

We will not interfere in Pakistan's decisions, but Pakistan's behavior makes us think.

1, is it possible that one day Pakistan will also betray China?

2, if Russia, in response to the actions of Pakistan, provides some support to India, and then a war breaks out between them, what will China do in the event of such a conflict? After all, we have a special relationship with Pakistan, similar to that of allies.

[Smoked]

And this is not the Pakistan that the APU was going to send shells to?

[bath]

Well, to be honest, Russia has nothing to complain about, after all, Russia also sells India any weapons that it can, and even can, rent nuclear submarines.

[Alex242]

The Pakistani minister noted that energy supplies from Russia at relatively low prices would make the country's energy security more stable. Malik had previously said that oil imports from Russia would cover more than a third of Pakistan's needs for this raw material.

the main thing is that Russia is not at a loss ....