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Updated: August 13, 2023 10:30 PM IS
Karachi (Pakistan), August 13 (ANI): The import of Raw oil of Russia was suspended after more furnace oil than gasoline was produced during the refining process, according to sources in the energy sector, The News International reported on Sunday.
The issue has gained political and diplomatic importance as Pakistan has always kept secret the exact price of Russian oil and its arrival, he reported.
According to industry sources, the Pakistan Refinery has stopped refining all Russian oil for now despite the insistence of former State Minister Musadik Malik.
According to The News International, the sources claimed that the Pakistani refinery had refused to process any more Russian oil as it was producing less gasoline with 20 per cent more furnace oil compared to Saudi. Raw oil.
It is evident how only two Raw oil the ships from Russia had arrived at Karachi port on June 11 and 26, after which no Russian tanker had reached Pakistan.
According to experts, if Brent prices Raw oil and Arabian Sea of Light Raw oil rise further and the price of Russian oil does not rise, only in such case the purchase of Russian oil could be beneficial for Pakistan. But the chances of such a situation are limited, experts believe, The News International reported. (ME TOO)