It was agreed that the payment will be made in the currencies of friendly countries, Minister of Energy. Photo file
Moscow: Russia has said that it has not given any special concession to Pakistan in the purchase of oil.
According to a US media report, Russia has said that it has started exporting oil to Pakistan and has agreed to accept the Chinese currency yuan as payment.
Russia’s state media has reported that the country’s Energy Minister Nikolay Shulginov, speaking to reporters on the sidelines of the World Economic Conference in St. Petersburg, said that oil shipments to Pakistan had begun.
Also read: With the arrival of Russian oil, petrol is likely to become cheaper by Rs 30 per liter
His statement raised questions over claims by Pakistani officials that Moscow had agreed to supply oil to Islamabad at a discounted price under an agreement signed between the two countries earlier this year.
When the Russian Energy Minister was asked about trade with Pakistan in Chinese currency, he said that we have agreed that the payment will be made in the currencies of friendly countries.
Also read: First shipment of Russian crude oil completely transferred to Pakistan refinery
He also confirmed that the issue of barter supply was also discussed but no decision has been taken in this regard so far.
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