World

Russia’s Big No to Pakistan has a global message

Pakistan’s oil interest has failed badly. It did not hesitate to ask for the same discount India is getting on oil, which was straight forward refused by Russia. Citing existing contracts with large buyers, Russian officials refuse to give Pakistan same oil discount.

Though just to save the face, Pakistan claims that it got a discount from Russia. Nevertheless it failed to specify the rate at which the oil was offered to the south Asian country. Whereas media reports clearly say that Moscow ha refused to offer Pakistan the same rate at which it sells oil to India.

In spite of persistent requests made by Shehbaz Sharif, Vladimir Putin  refused to sell discounted crude oil to Pakistan at the same rates on which the commodity is being sold to India, over which Russia cites existing contracts with its big buyers.

lately occurred in this development during a meet in Moscow, where Pakistani representatives Minister of State (Petroleum division) Musadik Malik along with and Capt (retd), petroleum secretary Captain (Retd.) Muhammad Mahmood met Russian officials, this failed negotiation again proved debilitated global stature of Pakistan

Surging Russia’s oil exports to India is the outcome of the Ukraine war, where in its aftermath Moscow emerged as the largest oil contributor to India for around two consecutive months starting October 2022. As per the reports, India is now exploring options to become a global hub for exporting Russian oil to other countries including Bangladesh.

In its discussions with Central Asian countries as well as Russia, India frequently discusses ways to boost the capabilities of the INSTC being a viable Eurasian region transport corridor.

Significantly for India, in accordance with the reports, the Russian side also did not express interest in the Russia-Pakistan proposed oil pipeline project. Pakistan is left with looking for other options to better its relations with Russia keeping in view its multilevel global interests.

 

Parijat Tripathi

Recent Posts

PM Modi Announces Rs 2 Lakh Ex-Gratia For Karur Stampede Victims

Prime Minister Modi announced financial assistance of Rs 2 lakh for the families of Karur…

3 mins ago

Embrace Swadeshi, Buy Khadi: PM Modi Sends Gandhi Jayanti Message

PM Modi, in the 126th episode of 'Mann Ki Baat', called on citizens to adopt…

13 mins ago

PM Modi Praises Indian Navy Officers For Completing ‘Navika Sagar Parikrama’

PM Modi lauded Navy officers Lieutenant Commanders Dilna and Roopa for completing the ‘Navika Sagar…

32 mins ago

Chhath Puja Could Join UNESCO Intangible Cultural Heritage List, Says PM Modi

During his latest address on ‘Mann Ki Baat’, PM Modi highlighted India’s initiative to nominate…

54 mins ago

PM Modi Pays Tributes To Bhagat Singh & Lata Mangeshkar On Their Birth Anniversary

Prime Minister Narendra Modi paid homage to revolutionary Bhagat Singh and legendary singer Lata Mangeshkar…

1 hour ago

PM Modi Pays Homage To Goddess Katyayani On Navratri’s Sixth Day

Prime Minister Narendra Modi extended greetings on the sixth day of Shardiya Navratri, dedicated to…

3 hours ago