Pakistan says Russia to sell discounted crude, Iran to send LPG aid for winter

Pakistan’s State Minister for Petroleum Musaddiq Malik holds a press briefing at the Press Information Department in Islamabad on December 5, 2022. (Photo courtesy: PID)
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Updated 05 December 2022
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Pakistan says Russia to sell discounted crude, Iran to send LPG aid for winter

  • Junior oil minister says Pakistan in talks with private Russian companies on possible LNG deal
  • Malik says Iran to provide additional two million pounds of LPG to Pakistan in next 10 days

ISLAMABAD: Pakistan’s state minister for petroleum Dr. Musadik Malik said on Monday Russia had agreed to sell petroleum products to Pakistan at discounted rates.

The announcement comes after Malik and the petroleum secretary flew to Russia last month to hold talks on several issues, with oil and gas supplies deals topping the agenda.

The trip comes amid a domestic gas supply crisis in the South Asian country, aggravated because of winter. Pakistan is also battling to contain a current account deficit swelled by energy payments, mostly for oil.

Speaking at a presser in Islamabad, Malik said Pakistan would now be able to receive crude oil, petrol and diesel at lower prices.

“Our visit to Russia turned out to be more productive than we had anticipated as the country has agreed to provide us with petroleum products at affordable rates,” Malik said.

He added that Pakistan was also negotiating with private Russian countries to strike a possible LNG deal as well as holding talks with Russia’s state-owned LNG plants.

The minister said the Pakistani delegation had also spoken with Russian authorities about projects related to the installation of gas pipelines.

Answering a question related to the ongoing gas supply crisis in the country, the junior oil minister said he had issued instructions to ensure the supply of gas to homes during morning hours and meal-preparation times.

He said state-owned Sui Southern Gas Company was trying its best to manage the load during the winter season.

“In remote areas of the country where SSGC cannot supply gas, the government is providing liquefied petroleum gas (LPG) there to meet the shortage,” he said, adding that as compared to December 2021, more gas was being supplied to different parts of the country this year.

“We are importing 20,000 tons of LPG per month to meet the country’s needs, while Iran has also announced that it would provide 2 million pounds of LPG to Pakistan ... in the next 10 days,” Malik said.

Pakistan’s Finance Minister Ishaq Dar last month said the country was considering buying discounted Russian oil, pointing out that neighbor India was purchasing oil from Moscow and Islamabad also had the right to explore the possibility.

Pakistan has been unable to procure Liquified Natural Gas (LNG) from the international market because spot prices remain out of its range and shipments under long-term deals remain insufficient to match rising demand.


From classrooms to screens: Pakistan schools go online amid Middle East war-driven oil crisis

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From classrooms to screens: Pakistan schools go online amid Middle East war-driven oil crisis

  • Government orders school closures, remote work and fuel cuts to conserve energy
  • Measures follow oil price surge linked to US-Israeli strikes on Iran and regional tensions

RAWALPINDI: Some schools in Pakistan shifted to online learning this week as authorities introduced emergency fuel-saving measures after global oil prices surged due to the escalating conflict involving the United States, Israel and Iran.

The government has ordered a series of austerity steps aimed at reducing fuel consumption, including temporary school closures, remote work arrangements for a portion of government and private sector employees, and sharp cuts in fuel allocations for official vehicles. The measures were introduced after international oil prices jumped amid fears the widening Middle East conflict could disrupt supplies passing through the Strait of Hormuz, a vital global energy shipping route, raising costs for import-dependent economies such as Pakistan.

Parents in cities including Rawalpindi said many educational institutions had already informed families through social media that classes would be conducted online while campuses remained closed.

“Hopefully, all the schools will remain closed today because many of the institutions have already shared the message on social media that we will be taking classes online for the students,” said Misam Abbas, a 30-year-old father of schoolchildren.

Pakistan’s education system is still recovering from severe disruptions during the COVID-19 pandemic, when schools across the country remained closed for extended periods and millions of students shifted to remote learning. 

The closures lasted around 10.5 months in some areas, affecting nearly 40 million school-age children, while limited Internet access and digital devices meant many students could not fully participate in online classes. Education experts say the prolonged shutdowns caused significant learning losses and pushed some children permanently out of the school system. 

Even after the pandemic, schooling in Pakistan has faced repeated interruptions due to environmental and health emergencies. In recent years, dense winter smog, extreme heatwaves and cold spells have frequently forced authorities to suspend classes, sometimes for 10 to 12 days at a time, shortening the academic year and disrupting teaching schedules. 

Analysts warn that repeated closures and the shift to online learning, often difficult for students without reliable Internet access, continue to strain an already fragile education system. 

For many families, the sudden switch to remote learning has also raised concerns about prolonged disruptions to education if the austerity measures remain in place.

“They [the government] should not close [schools] for a long time because it suffers a lot. The students… should think that they are to close the school for two to three days, not for all the weeks, not for two to three weeks because that can suffer the studies of these small kids,” Abbas said.

Pakistan imports most of its crude oil and refined petroleum products, making domestic energy costs highly sensitive to global price swings during geopolitical crises.

“Our situation should not be affected by the world’s situation. The world is already in a bad situation. But in our country, we should have some good system so that people cannot be affected by those circumstances,” Abbas said.