TRADE & ECONOMY

Agreement reached, Pakistan will one-third of its fuel requirements: Minster of state for petroleum

2023-03-13
Agreement reached, Pakistan will one-third of its fuel requirements: Minster of state for petroleum

Minister of State for Petroleum Mossadegh Malik says that an agreement has been reached with Russia, Pakistan will buy one-third of its fuel from Russia.



Speaking at the event in Karachi, Minister of State for Petroleum Mossadegh Malik said that by protecting the local industry, commodities become cheaper, increasing production brings prosperity, tariff protection does not bring prosperity, 600 billion factories in the cheap loan scheme. Engines but no gas to run.


Mossadegh Malik said that Pakistan gives cheap gas to its fertilizer sector from Saudi Arabia and Bahrain. In the gas sector, tariffs have been set separately for the rich and the poor. The circular date of gas has been abolished.