US EditionIndia’s Russian Oil Intake Proves Resilient After U.S. Sanctions
Pakistan has been importing Russian crude since 2023 as both countries explore agreements on oil exploration, refining, and industrial cooperation to reduce costs and expand ties.
- On Tuesday, December 16, 2025, Pakistan's Finance Minister Muhammad Aurangzeb told Russian news agency RIA that Pakistan and Russia are discussing a potential oil-sector cooperation agreement covering exploration, production, and refining, with energy ministries of both countries currently handling the talks.
- Because Pakistan seeks cheaper crude and industry development, Islamabad has engaged Russia as it deepens energy ties in recent years while Russia seeks new outlets after Western sanctions over Ukraine.
- Discussing upgrades and industry, Pakistani officials and Gazprom met with Russian counterparts at the end of November, focusing on refinery upgrades and a steel plant project.
- Pakistan has already been importing Russian crude, buying it and paying in Chinese yuan for the deliveries.
- Pakistan's domestic exploration drive aligns with Russia's strengths, with five deals this month and last month's auction of 40 offshore blocks that drew 23 bids from four consortia.
16 Articles
16 Articles
Pakistan and Russia Discuss Oil Cooperation Deal
Pakistan and Russia are discussing a potential cooperation agreement in the oil sector, including in exploration, production, and refining, Pakistani Finance Minister Muhammad Aurangzeb told Russian news agency RIA on Tuesday. “All of these areas are Russia’s strengths. And we would be very happy if Russia agreed on an agreement in this sector with Pakistan,” the Pakistani official was quoted as saying by RIA. Earlier this year, Russia’s Ene…
Channel News Asia
Pakistan seeks oil deal with Russia as energy ministries hold talks, RIA reports
Russia and Pakistan are in talks on a potential oil-sector agreement, Pakistan’s Finance Minister Muhammad Aurangzeb told RIA news agency in remarks published on Tuesday (Dec 16)."All of these areas are Russia’s strengths. And we would be very happy if Russia agreed on an agreement in this sector with Pak
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