Pakistan Oil Import Agreement
Pakistan signed a long-term agreement with which country for discounted oil in 2023?
پاکستان نے 2023 میں رعایتی تیل کے لئے کس ملک کے ساتھ طویل مدتی معاہدے پر دستخط کیے؟
Answer: Russia
Explanation
In 2023, Pakistan entered into a long‑term commercial agreement with Russia to import crude oil at a discounted rate (approximately $60/barrel, around $10 under market price).
The first agreed cargo of ~100,000 metric tonnes began arriving in late 2023, with Pakistani refineries.
Such as Cnergyico and Pakistan Refinery Limited—receiving the shipment and refining the oil locally.
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