Pakistan is trying to get crude oil from Russia: Musadik Malik

• Musadik Malik  said that he is talking to the IMF daily.
• He said negotiations with Russia started 40 days ago.
• He said that Pakistan is working on commercial details from Russia.

ISLAMABAD: Minister of State for Petroleum Musadik Malik has said that Pakistan is trying to get one-third of its crude oil from Russia.

The Minister of State for Petroleum Musadik Malik, in a special interview with Bol News, said that he is talking to the IMF daily, the IMF has not even once talked about increasing the price of petrol.
Musadik Malik said that whoever is saying about the prices of petroleum products is wrong as IMF is asking for structural reforms and demanding to develop of the responsible sector.

He said that “We have to develop the responsible sector for children, with or without the IMF, we will develop the responsible sector, under the IMF program, six months may be early.”

He said that for one and a half years, nothing has happened regarding the purchase of oil from Russia. He said negotiations with Russia started forty days ago. The message should be sent to people globally that an agreement has been reached in Pakistan and Russia.

He said commercial details have to be finalized by March. We have had discussions with Russia to start commercial relations after that, it has been signed.

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Musadik Malik said that Pakistan is working on commercial details from Russia and trying to order one-third of its crude oil from Russia.