Islamabad negotiating with Moscow to import another crude oil cargo — Pakistan Refinery

A security personnel stands guard near a Russian cargo ship carrying crude oil docked at the Karachi port in Karachi on June 28, 2023. (AFP/File)
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Updated 14 August 2023
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Islamabad negotiating with Moscow to import another crude oil cargo — Pakistan Refinery

  • Pakistan this imported 100,000 tons of discounted Russian crude oil under a government to government deal
  • Islamabad has been exploring energy imports at cheaper rates, plans to meet 20 percent of oil needs from Russia

KARACHI: Pakistan is negotiating with Russia to import another crude oil cargo after successfully processing the first ever cargo imported in June this year, the CEO of Pakistan Refinery Limited (PRL) said on Monday.

Pakistan imported 100,000 tons of discounted Russian crude oil under a government to government (G2G) deal signed between Islamabad and Moscow early this year as Islamabad explores the diversification of its energy imports at cheaper rates. Pakistan plans to meet 20 percent of its oil requirement from Russia.

Pakistan Refinery blended Russian Urals oil with crude imported from its traditional Gulf markets.

“The Russian crude was successfully processed and the spot deal was technically and commercially feasible,” PRL CEO Zahid Mir told Arab News on Monday. “Currently negotiations for another spot deal are in progress … We would again process Russian crude when available at favorable commercial terms.” 

Pakistan had imported Russian oil in two shipments, with the first cargo arriving on June 11, with 45,122 tons of crude oil, described by outgoing Pakistani Prime minister Shehbaz Sharif as a “transformative day” for the crisis-hit South Asian nation. A second shipment containing 55,000 metric tons reached the Karachi port on June 27, offering relief to the country amid an acute balance-of-payments crisis and currency depreciation.

The country’s purchase also provided Russia a new market, adding to Moscow’s growing sales to India and China, as it redirects oil from Western countries in the wake of its invasion of Ukraine.

Under the deal, Pakistan made payments to Russia in Chinese currency due to the dollar shortage and the Sharif government had said it would continue to import more shipments under the same mechanism to save foreign exchange.

Pakistan imported more than 9 million tons of crude worth $5.5 billion in fiscal year 2021-2022, which declined to 7.8 million tons worth $4.9 million in the previous financial year 2022-2023, according to the Pakistan Bureau of Statistics (PBS). 

Overall petroleum imports during the outgoing fiscal year, FY23, were $17 billion as compared to $23.3 billion imported in the previous financial year.


Pakistan opposition rallies in Khyber Pakhtunkhwa to demand release of Imran Khan

Updated 07 December 2025
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Pakistan opposition rallies in Khyber Pakhtunkhwa to demand release of Imran Khan

  • PTI-led gathering calls the former PM a national hero and demands the release of all political prisoners
  • Government says the opposition failed to draw a large crowd and accuses PTI of damaging its own politics

ISLAMABAD: Pakistan’s opposition led by the Pakistan Tehreek-e-Insaf (PTI) party demanded the release of jailed former prime minister Imran Khan at a rally in the northwestern Khyber Pakhtunkhwa province on Sunday, describing him as a national hero who continues to command public support.

The gathering came days after a rare and strongly worded briefing by the military’s media chief, Lt. Gen. Ahmed Sharif Chaudhry, who dismissed Khan as “narcissistic” and “mentally ill” on Friday while responding to the former premier’s allegations that Pakistan’s chief of defense forces was responsible for undermining the constitution and rule of law.

He said that Khan was promoting an anti-state narrative which had become a national security threat.

The participants of the rally called for “civilian supremacy” and said elected representatives should be treated with respect.

“We, the people of Pakistan, regard Imran Khan as a national hero and the country’s genuinely elected prime minister, chosen by the public in the February 8, 2024 vote,” said a resolution presented at the rally in Peshawar. “We categorically reject and strongly condemn the notion that he or his colleagues pose any kind of threat to national security.”

“We demand immediate justice for Imran Khan, Bushra Bibi and all political prisoners, and call for their prompt release,” it added, referring to Khan’s wife who is also in prison. “No restrictions should be placed on Imran Khan’s meetings with his family, lawyers or political associates.”

Addressing the gathering, Sohail Afridi, the chief minister of Khyber Pakhtunkhwa, denied his administration was not serious about security issues amid increased militant activity. However, he maintained the people of his province had endured the worst of Pakistan’s conflict with militancy and urged a rethinking of long-running security policies.

The resolution asked the federal government to restore bilateral trade and diplomatic channels with Afghanistan, saying improved cross-border ties were essential for the economic stability of the region.

The trade between the two neighbors has suffered as Pakistan accuses the Taliban administration in Kabul of sheltering and facilitating armed groups that it says launch cross-border attacks to target its civilians and security forces. Afghan officials deny the claim.

The two countries have also had deadly border clashes in recent months that have killed dozens of people on both sides.

Some participants of the rally emphasized the restoration of democratic freedoms, judicial independence and space for political reconciliation, calling them necessary to stabilize the country after years of political confrontation.

Reacting to the opposition rally, Information Minister Attaullah Tarrar said the PTI and its allies could not gather enough people.

“In trying to build an anti-army narrative, they have ruined their own politics,” he said, adding that the rally’s reaction to the military’s media chief’s statement reflected “how deeply it had stung.”

“There was neither any argument nor any real response,” he added, referring to what was said by the participants of the rally.