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Russia ready to supply petrol to Pakistan on deferred payments: report

FOOLS_NIGHTMARE

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  • Major development comes after last week's meetings of PM Shehbaz Sharif and Putin in Samarkand.
  • Report states no opposition to deal from US amid Pakistan's severe economic crisis caused by deadly floods
  • PM Shehbaz, Putin discussed supply of oil, gas and wheat to Pakistan in three meetings.

Russia is ready to provide Pakistan with gasoline on a delayed payment basis, Daily Jang reported on Tuesday.

This major development comes after last week's meetings of Prime Minister Shehbaz Sharif and Russian President Vladimir Putin in Samarkand, on the sidelines of the Shanghai Cooperation Organisation (SCO) summit.

Matters regarding oil, gas and wheat supplies to Pakistan from Moscow were discussed during the three meetings.

The report added that the US has also not opposed the proposed deal openly amid Pakistan's severe economic crisis caused by deadly floods.

Addressing a press conference on September 18, Defence Minister Khawaja Muhammad Asif revealed that Russia proposed that its gas pipeline infrastructure which was in place till Central Asian states could be extended to Pakistan through Afghanistan.

The two leaders also expressed commitment to expand bilateral cooperation between their countries in all areas of mutual benefit, Khawaja Asif said.

'Gas pipeline feasible'​

On September 15, Russian President Vladimir Putin told PM Shehbaz Sharif that the installation of a pipeline for the supply of gas to Pakistan from Moscow is possible.

President Putin also expressed solidarity and support for the flood-hit population in Pakistan after he was informed about the devastating impact of the climate-induced calamity.

PM Shehbaz reaffirmed Pakistan’s commitment to work closely with Russia to expand and strengthen cooperation across all areas, including food security, trade and investment, energy, defence, and security.

Speaking about regional politics, PM Shehbaz said that both Pakistan and Russia had vital stakes in a peaceful and stable Afghanistan, adding that Pakistan was committed to supporting all regional and international efforts to stabilise its neighbouring country.
 

Turingsage

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All this " American pressure" is just plain nonsense used by Pakistani politicians to big up their own importance.
Oh Donald Lu said phalana that means the US govt is sitting around plotting some overthrow of Pakistani govt

Get real

The US govt barely registers Pakistan, but Pakistani's spend all their lives waiting waiting for someone to mention Pakistan and all the hullaballoo begins in Pakistan.
The next few months are spend talking and creating all sorts of conspiracy theories . The purpose of all that nonsense is to just to feel important and relevant.
 

Pak Nationalist

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The timing is immaculate. It would be very hard for the Western countries to make much noise about this move now that 1/3rd of Pakistan is under water primarily due to the mode of production these states used to enrich themselves for the best part of the 19th century.
 

Maula Jatt

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respect, good move

All this " American pressure" is just plain nonsense used by Pakistani politicians to big up their own importance.
Oh Donald Lu said phalana that means the US govt is sitting around plotting some overthrow of Pakistani govt

Get real

The US govt barely registers Pakistan, but Pakistani's spend all their lives waiting waiting for someone to mention Pakistan and all the hullaballoo begins in Pakistan.
The next few months are spend talking and creating all sorts of conspiracy theories . The purpose of all that nonsense is to just to feel important and relevant.
why is this meek little , gujrati monkey always blabbering nonsense and on our affairs too
f-ing get a grip already junkie
 
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epebble

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The timing is immaculate. It would be very hard for the Western countries to make much noise about this move now that 1/3rd of Pakistan is under water primarily due to the mode of production these states used to enrich themselves for the best part of the 19th century.
The only thing in 19th century was Steam Engine. And there were not enough of them to make a difference. Probably more Horses, Mules and Oxen to do work than machines.
 

nahtanbob

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Sharp move by PM Shahbaz. It trumps the narrative that Pakistan is under American pressure to not trade with Russia as per Pakistan's national interest :cheers:

How does Pakistan pay for products from Russia ? Unless it is a barter agreement I doubt it goes anywhere
 

nahtanbob

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@nahtanbob

Presumably RUS can accept payment in PKR. They can park the surplus in GOP bonds which I understand are giving double digit returns.

Regards

Err... It is a good idea except who wants to be a creditor to Pakistan. Russia needs money or something they can consume or diplomatic support. Pakistan does not produce anything of value for the current Russian economy.
 

Wood

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How does Pakistan pay for products from Russia ? Unless it is a barter agreement I doubt it goes anywhere
Russia does not need Pakistan's 💰 right now. But Pakistan as an ally would annoy the western countries who support Pakistani economy with privileged trade access. I think Russian credit to Pakistan may be tied to assets like typical Chinese loan for developing countries :coffee:
 

nahtanbob

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Russia does not need Pakistan's 💰 right now. But Pakistan as an ally would annoy the western countries who support Pakistani economy with privileged trade access. I think Russian credit to Pakistan may be tied to assets like typical Chinese loan for developing countries :coffee:

you can workout complex arrangements - at the end of the day Pakistan will owe Russia money. If Russia had not started the Ukraine war there will be possibilities for more options - like a Russian owned refinery in return for oil imports etc.
 

Wood

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you can workout complex arrangements - at the end of the day Pakistan will owe Russia money. If Russia had not started the Ukraine war there will be possibilities for more options - like a Russian owned refinery in return for oil imports etc.
True, but bilateral debts from friendly countries will usually just be rolled over.
 

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