Pakistan gets first shipment of Russian crude under discount deal

Cash-strapped Pakistan welcomes arrival of first shipment of discounted crude from Russia

Cash-strapped Pakistan had been in talks with Russia to import discounted crude since February 2022, when former Pakistani Prime Minister Imran Khan visited Moscow to meet with Putin — a visit that coincided with the start of Russia's invasion of Ukraine.

Pakistan begins importing discounted Russian crude oil

The Pakistani government on June 12 welcomed the arrival of the first shipment of discounted crude from Russia under a key deal between Islamabad and Moscow.

Cash-strapped Pakistan welcomes arrival of first shipment of discounted crude from Russia

Prime Minister Shahbaz Sharif's government is grappling with an unprecedented economic crisis in the aftermath of the devastating flooding last summer that killed more than 1,700 people and caused $30 billion in damages.

Pakistan’s Russian crude shipment paid in Chinese currency: Minister

Pakistan paid for its first government-to-government import of discounted Russian crude in Chinese currency, the South Asian country’s petroleum minister

Pakistan pays for first batch of Russian oil in Chinese currency

Pakistani Petroleum Minister Musadik Malik did not disclose any details of the deal, such as supplies volume and their cost, saying only that "in no scenario will the refining of this crude make a loss"

Cash-strapped Pakistan welcomes arrival of first shipment of discounted crude from Russia

ISLAMABAD (AP) — The Pakistani government on Monday welcomed the arrival of the first shipment of discounted crude from Russia under a key deal between Islamabad and Moscow.