Finance Minister Ishaq Dar has listed the coalition government’s feats inresolving the oil-related issues to cope with the challenges the countryhas been facing.
Addressing the Pakistan Muslim League-Nawaz workers in Dubai, he saidduring his visit to the US last month, he met the figures and take up theissue of oil purchase from Russia.
He said he told the American authorities that Washington could not refrainfrom buying the commodity from Russia because neighbouring India has alsobeen doing the same.
The US officials said they are set to build a G7 platform to fix theRussian oil purchase rate, he added. The finance minister said it willsoon be possible to buy oil from Russia under the terms set by Delhi.
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He said Pakistan has strong ties with Saudi Arabia, China and UAE andduring this visit, he had important meetings with UAE officials. PrimeMinister Shehbaz Sharif’s visit to Saudi Arabia, will bear fruit soon.
Ishaq Dar told the workers that the overall result of the meetings is thatSaudi Arabia will set up a refinery in Gwadar in Pakistan. This project wasstarted in October 2015, but due to the political crisis, it hit snags,the minister recalled, adding that this is all set to resume now.
