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Crew members verify the deck of the Russian oil cargo Pure Level, carrying crude oil, anchored at a port in Karachi, Pakistan. File
| Photograph Credit score: Reuters
Russia and Pakistan are in talks on a potential oil-sector agreement, Pakistan’s Finance Minister Muhammad Aurangzeb instructed RIA information company in remarks revealed on Tuesday (December 16, 2025).
“All of those areas are Russia’s strengths. And we might be very completely happy if Russia agreed on an settlement on this sector with Pakistan,” Aurangzeb instructed RIA in an interview when requested about wider cooperation in exploration, manufacturing and refining between the 2 international locations.
“At current, the difficulty is being mentioned by the vitality ministries of each side.”
Russia additionally mentioned upgrading a refinery in Pakistan with Russian firms concerned, Russian Power Minister Sergei Tsivilev had stated in November.
Pakistan has stepped up engagement with Russia lately as Moscow sought new vitality markets after Western sanctions over Ukraine, and Islamabad regarded to decrease import prices. Pakistan started shopping for Russian crude in 2023.
Mr. Aurangzeb additionally stated Russia and Pakistan are wanting into constructing one other metal plant in Pakistan, RIA reported.
Revealed – December 16, 2025 12:21 pm IST
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