Russian Oil

Against the government's high hopes, Russian Oil will be only Rs. 1-2/liter cheaper than the current petrol price in Pakistan. According to a report by an English newspaper, Pakistan's maximum benefit from…

Confirmation of oil exports by Russia to Pakistan and its acceptance of Chinese currency as payment have sparked interest and raised questions about the nature of the deal. The South Asian country, facing…

Dear Pakistanis! It is announced with a heavy heart that the Cheap Petrol Scheme is no longer our friend. We have said a simple ‘Khuda Hafiz’ to the scheme forever and embraced the ‘discounted Russian oil’…

Pakistan State Oil (PSO) and a Russian technical delegation are holding talks in Karachi to give the final touches to a crude oil import deal. The talks were started yesterday and will continue today at…

State Minister for Petroleum Musadik Malik announced yesterday that Russia has decided to provide petrol and diesel to Pakistan at discounted rates. However, he didn't give any indication of the price. The…