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Reading: No objections if Pakistan imports Russian crude oil
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PhotoNews > Business > No objections if Pakistan imports Russian crude oil
Business

No objections if Pakistan imports Russian crude oil

Last updated: 2022/11/30 at 3:53 PM
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State Department has stated that the US has no concerns about Pakistan’s import of Russian crude oil, citing the absence of sanctions against Russian energy exports to other nations.

In response to Pakistan’s daily “The News” inquiries, a State Department spokesman confirmed that they were aware that a Pakistani delegation was in Moscow to negotiate the probable import of Russian crude oil.

“We recognize the burden on countries to secure affordable petroleum supply,” the agency stated, adding, “We have been quite clear that each country must make its own energy import decisions based on its circumstances.”

However, the spokesperson cautioned that Russia’s actions in Ukraine and Europe have demonstrated that it is not a trustworthy energy supplier, adding that the United States continues to advocate for reducing long-term reliance on Russian energy supplies.

State Department statement: “We continue collaborating with friends and partners to limit the impact of Putin’s aggression against Ukraine on global energy markets.”

The top petroleum division executives of Pakistan’s petroleum division reportedly departed for Moscow to investigate the possibility of purchasing Russian crude oil at discounted prices, bringing the country closer to a potential oil import agreement with Russia.

The delegation consists of Dr. Musadik Malik, State Minister for the Petroleum Division, Captain (ret.) Muhammad Mahmood, Additional Secretary (in charge) for the Petroleum Division, and other senior officials.

TAGGED: Featured, Pakistan Imports, Russian crude oil
Jaffar Khan November 30, 2022
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