ISLAMABAD -- Pakistan will purchase oil from Russia at a discount starting in 2023, Islamabad's minister of state for petroleum announced this week, raising hopes of some respite for the South Asian country's cash-strapped economy.
Experts downplay worries over irking U.S., Islamabad faces long wait for LNG
A crude oil tanker is anchored at a terminal near the Russian port of Nakhodka on Dec. 4. Pakistan is poised to import oil from Russia by sea. © Reuters
ISLAMABAD -- Pakistan will purchase oil from Russia at a discount starting in 2023, Islamabad's minister of state for petroleum announced this week, raising hopes of some respite for the South Asian country's cash-strapped economy.