News
Russia refuses to give Pakistan 30-40pc discount on crude oil
ISLAMABAD (ANI): Russia refused to provide Pakistan a 30-40 percent discount on Russian crude oil after the Pakistani delegation asked for a reduction in price during talks in Moscow, The News International reported on Thursday.Earlier, on Wednesday, the Pakistani delegation, comprising State Minister for Petroleum, Musadik Malik, joint secretary and officials of the Pakistan Embassy, in Moscow, asked for a discount during talks in Moscow.
The talks ended with Russia saying that it could not offer anything right now as all volumes were committed. Russia also promised to consider Pakistan’s demand and to share its mind later on through diplomatic channels, The News International reported.
According to Geo News, Pakistan’s official delegation left for Moscow on November 29, on a three-day visit, to talk with the Russian authorities to discuss the possibility of import of crude oil at a discounted price, mode of payment and shipment cost. According to Geo News, citing industrial Ministry sources, Russian crude oil can be processed in Pakistan’s refineries, and in the past, one private refinery had used Russian crude oil to deliver finished products.However, sources said that Russia can offer crude at the rates it is providing to its large client countries, which are reliable and sound economies, at a suitable time.
Right now all volumes are committed with big buyers, they said. The Russian side asked Pakistan to first honour its commitment to the flagship project of the Pakistan Stream Gas Pipeline, to be laid down from Karachi to Lahore, Punjab. Earlier, on November 13, Pakistan Finance Minister Ishaq Dar said that the United States cannot stop Pakistan from purchasing Russian oil and it will be possible to do so soon.
He made these remarks while addressing the Pakistan Muslim League – Nawaz (PML-N) workers in Dubai, The Express Tribune newspaper reported.Dar, during his visit to the US last month, had a meeting with the officials of the US State Department in which the matter of oil purchase from Russia was discussed.
It has been reported that former Inspector General of Police (IGP) C.D. Wickramaratne has been found dead at his residence in Athurugiriya this morning (17)
it is suspected that he may have taken his own life.
A heated argument broke out between Jaffna District MP Archchuna Ramanathan and Fisheries Minister Ramalingam Chandrasekar during the Kilinochchi District Coordination Committee meeting held yesterday (16).
A video footage of the incident shows the MP and the Minister engaging in a heated verbal exchange, following which a physical confrontation appeared to develop when the Minister attempted to grab files reportedly in the possession of MP Ramanathan.
“If you lay a hand on me, I’ll lay a hand on you too… got it?” Ramanathan is heard telling the Minister during the exchange.
Police and officials present at the meeting intervened to prevent the situation from escalating further.
The circumstances that led to the confrontation were not immediately clear.
Archbishop of Colombo Malcolm Cardinal Ranjith has filed an intervening petition before the Court of Appeal in connection with a petition filed by former head of the State Intelligence Service, Major General (Retired) Suresh Sallay, challenging his arrest and detention under the Prevention of Terrorism Act over investigations into the Easter Sunday terror attacks.
The Cardinal has sought permission from the court to make submissions in relation to Sallay’s petition and requested that it be dismissed.
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