Russia refuses to give Pakistan 30-40 percent discount on crude oil
Tags: International News
On 1 December, Russia denied Pakistan a 30–40 percent discount on Russian crude oil after the Pakistani delegation demanded a reduction in the price during talks in Moscow.
Earlier this week, a Pakistani delegation demanded oil concessions during talks in Moscow.
Pakistani officials said that they should also be given oil with a discount of 30-40 per cent on the price like India.
Pakistan's official delegation was on a three-day visit to Moscow starting on the 29th of November.
Russia also promised to consider Pakistan's demand and to share its mind later on through diplomatic channels.
Russian crude oil can be processed in Pakistan's refineries, and in the past one private refinery had used Russian crude oil to deliver finished products.
Russia can offer crude at the rates it is providing to its large client countries, which are reliable and sound economies, at a suitable time.
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