Friday, April 26, 2024

Government Begins Consultation to Buy Cheaper Russian Oil

Following the footsteps of the former minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, the coalition authorities began to shop for inexpensive oil from Russia, mentioned even as a quoting source.

According to sources, the incumbent leaders have started a session to shop for cheap oil from Russia. In this regard, the Petroleum Division has penned letters to the top 4 essential oil refineries – Pak-Arab, National Refinery, Pakistan Refinery Limited (PRL) and Byco Petroleum.

Sources have advised that Prime Minister Shehbaz Sharif-led authorities have held history conferences to shop for inexpensive oil from Russia.

Unmute In the letter, the petroleum department has requested approximately the charge for acquiring petroleum merchandise from Russian crude oil.

The ministry has also asked the oil refineries how much and which grade of oil may be sold from Russia. The petroleum department has additionally sought information on the value of uploading Russian crude oil compared to the Middle East.

“What might be the technique of price for crude oil bought from Russia” the department requested the oil refineries.

In addition, sources claimed that officers of the Petroleum Division had held separate casual conferences with heads of oil refineries. The coalition authorities will keep an assembly with four important refineries today (Wednesday).

It is pertinent to say right here that former high minister Imran Khan repeatedly stated that the PTI authorities have begun making plans to shop for 30 per cent inexpensive oil and wheat from Russia.

The Imran Khan-led authorities were overthrown after the go-to to Russia through an alleged conspiracy.

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