Pakistan finance minister Ishaq Dar who’s on an official go to to america stated the nation is able to purchase gas from Russia if the identical price that India is paying is relevant to Pakistan as properly. The West would don’t have any downside with Pakistan importing discounted gas, the minister stated, including that the nation is reeling underneath the devastating affect of the floods.
The day Russia attacked Ukraine, former Pakistan PM Imran Khan was in Moscow and the timing of his go to was not accepted properly by america. Later, Imran Khan blamed the US as he was thrown out of energy and again and again praised India for negotiating gas costs with Russia — ignoring the stress from different nations. He additionally stated his go to to Moscow was a pre-scheduled assembly and he bought the go-ahead from the navy to proceed along with his go to the place he hoped to barter cheaper gas for Pakistan.
Pakistan is the thirty fifth largest importer of crude petroleum on the earth and in 2020-21, it imported $1.92B price of crude oil.
Pakistan clearing its intent to purchase oil from Russia comes after Pakistan’s ambassador to Moscow Shafqat Ali Khan stated the nation is seeking to purchase wheat from Russia . “…Russia has emerged as a brand new provider for us. Earlier, it was completely different different nations. We glance to Russia as a long-term, secure associate with regards to meals provides for us,” the ambassador stated.
The US-Pakistan ties noticed one in all their lowest moments in latest instances after US President Joe Biden stated Pakistan is likely one of the most harmful nations — with nuclear weapons with none cohesion. Pakistan PM Shehbaz Sharif condemned the assertion and stated Pakistan is a accountable nuclear state.