Pakistan and Russia are currently discussing technical details of a long-term contract to supply Russian oil to the Islamic country. This was reported by RIA News Pakistan’s Ambassador to Moscow Muhammad Khalid Jamali.
According to him, the dialogue takes place both at the government level and at the level of private companies. The diplomat noted that there were no difficulties in negotiations on a long-term contract, prices, purchase volume, etc. He stated that negotiations continue on technical details, including
The ambassador added that all options are being evaluated regarding which currencies can be used in the transaction.
He added that Pakistan has done barter trade before, so payment issues will definitely be resolved.
Minister of Energy Nikolai Shulginov also stated that Russia is discussing long-term oil supply to Pakistan with Pakistan, and that negotiations are still continuing.
Previously Pakistan opened Direct imports of Russian oil for companies.