US gives ‘green signal’ to  Pak to buy Russian oil, gas

US gives ‘green signal’ to Pak to buy Russian oil, gas

1 Min
South Asian Digest

by MATEEN HAIDER in The Nation,Jan 20, 2023
ISLAMABAD – United States gave Pakistan a green signal to negotiate a petroleum and energy deal with Russia to overcome its pressure on oil and energy but on certain terms and conditions which Pakistan has already accepted.

A top official told The Nation yesterday that the Pakistani government took the US administration in advance on a possible deal between Pakistan and Russia on energy and petroleum, after which the United States said it has “no objection”.

Credible sources said Pakistani Finance Minister Senator Ishaq Dar and later Foreign Minister Bilawal Bhutto Zardari took up the matter of acute energy shortage in Pakistan with US authorities during their separate visits to Washington last year and sought their waiver on possible deal between Islamabad and Moscow. …..

In November last, the US embassy Islamabad had written a letter to Foreign Office in which all parameters and terms and conditions were given to Pakistan on which Islamabad could negotiate and buy the Russian oil.

Pakistan accepted the US terms and conditions which include that the price of Russian crude oil which Pakistan would buy would be 30 per cent less than the price of oil in the international market.

Furthermore, all transitions made by Pakistan would be monitored in the United States.

The sources said Pakistan’s cooperation was also sought in different fields including security, intelligence sharing and counter terrorism which Pakistan had assured.

https://www.nation.com.pk/20-Jan-2023/us-gives-green-signal-to-buy-russian-oil-gas