Russia ready to supply petrol to Pakistan on deferred payments: report

Business Sep, 21 2022
Russia ready to supply petrol to Pakistan on deferred payments: report
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ISLAMABAD: Russia is ready to provide Pakistan with gasoline on a delayed payment basis. This major development comes after last week’s meetings of Prime Minister Shehbaz Sharif and Russian President Vladimir Putin in Samarkand on sidelines of Shanghai Cooperation Organisation (SCO) summit.

Matters regarding oil, gas and wheat supplies to Pakistan from Moscow were discussed during three meetings. Report added that US has also not opposed proposed deal openly amid Pakistan’s severe economic crisis caused by deadly floods. On September 15, Russian President Vladimir Putin told PM Shehbaz Sharif that installation of a pipeline for supply of gas to Pakistan from Moscow is possible. President Putin also expressed solidarity and support for flood-hit population in Pakistan after he was informed about devastating impact of climate-induced calamity.

PM Shehbaz reaffirmed Pakistan’s commitment to work closely with Russia to expand and strengthen cooperation across all areas, including food security, trade and investment, energy, defence and security. PM Shehbaz said that both Pakistan and Russia had vital stakes in a peaceful and stable Afghanistan, adding that Pakistan was committed to supporting all regional and international efforts to stabilise its neighbouring country.

Published in The Daily National Courier, September, 21 2022

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