USA not apposing Pakistan deal in Russia

 


USA not apposing Pakistan deal in Russia 


WASHINGTON: Days after Pakistan placed its first order for discounted Russian oil, the Biden administration indicated that it will not oppose the deal.





“Look, each country is going to make its own sovereign decisions as it relates to its energy supply,” a US State Depart­ment spokesperson told reporters in Washington on Tuesday afternoon when asked to comment on Pakistan’s decision.




Vedant Patel, the department’s principal deputy spokesperson, said that the United States had left the door open for such purchases when it placed restrictions on Russian oil after Moscow invaded Ukraine last year.




“One of the reasons that the United States, through the G7, has been a big proponent of the price cap is to ensure that steps are not being taken to keep Russian energy off the market because we understand that there is a demand for supply,” Mr Patel explained.




The United States had indicated at previous briefings as well that Pakistan can purchase oil from Russia at a discounted price even though it has not signed a Washington-backed price-cap on Russian petroleum products.




“But we also need to take steps to ensure that Russian energy markets are not turning out to be a windfall for [President] Putin’s war machine,” Mr Patel warned.




“And so, again, countries will make their own sovereign decisions. We have never tried to keep Russian energy off the market,” he added.




Last week, Pakistan placed its first order for discounted Russian crude oil under a deal struck between Islamabad and Moscow, with one cargo to dock at the port of Karachi in May.




Under the deal, Pakistan will buy only crude, not refined fuels. Imports are expected to reach 100,000 barrels per day (bpd) if the first transaction goes through smoothly.




Pakistan’s purchase gives Russia a new outlet, adding to Moscow’s growing sales to India and China, as it redirects oil from western markets because of the restrictions.




Responding to another question about Tehreek-i-Taliban Pakistan (TTP) acquiring the weapons the United States left behind while withdrawing its troops from Afghanistan, Mr Patel assured Islamabad that “any assets or weaponry that were left in Afghanistan were no longer usable”.






Now you can follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Comments

Post a Comment

Popular posts from this blog

west Pakistan, killing at least 12 people and injuring more than 50 others, police said

Image
  west Pakistan, killing at least 12 people and injuring more than 50 others, police said Sharifullah Khan, a police official in Kabal, told Al Jazeera that something like 12 individuals passed on in the shoots on Monday at the Counter-Psychological oppression Division (CTD) in Khyber Pakhtunkhwa region's Smack Valley while more than 50 were accounted for harmed. ter touchy material in the CTD building's storm cellar burst into flames", he said. The structure complex likewise houses the Kabal locale police headquarters and base camp of a hold police force, however the fundamental harm was finished at the counterterrorism division building. Common police boss Akhtar Hayat said there was an old ammo store in the workplace, and police were examining whether that caused the blasts or on the other hand assuming it was an assault. Two assaults on huge police bases have been connected to the Pakistani Taliban, known as Tehreek-e-Taliban Pakistan (TTP) starting from the beginning ...
Read more

Mother is the education of the son

Image
The phrase "Mother is the education of the son" holds a deep meaning and is a reflection of the significant role that mothers play in shaping the lives of their children, particularly their sons. The bond between a mother and son is unique and special, and the influence of a mother on her son's development can last a lifetime. In this blog post, we'll explore the meaning behind this phrase and why it holds true even in today's modern world. First and foremost, the phrase "Mother is the education of the son" highlights the fact that a mother's role extends beyond just providing basic needs such as food, shelter, and clothing. Mothers have a unique ability to instill values, beliefs, and behaviors in their sons that shape their character and influence their decisions. A mother's love and guidance can help her son develop a strong moral compass, empathy, and compassion for others. Mothers are often the primary caregivers in a child's early years...
Read more

The bench of Chief Justice of Pakistan Justice Umar Ata Bandial was suddenly delisted while all the cases scheduled for hearing before the bench were also delisted. چیف جسٹس آف پاکستان جسٹس عمر عطاء بندیال کا بینچ اچانک ڈی لسٹ کردیا گیا جبکہ بینچ کے سامنے سماعت کے لئے مقرر تمام مقدمات بھی ڈی لسٹ کر دیے گئے

Image
  The bench of Chief Justice of Pakistan Justice Umar Ata Bandial was suddenly delisted while all the cases scheduled for hearing before the bench were also delisted. چیف جسٹس آف پاکستان جسٹس عمر عطاء بندیال کا بینچ اچانک ڈی لسٹ کردیا گیا جبکہ بینچ کے سامنے سماعت کے لئے مقرر تمام مقدمات بھی ڈی لسٹ کر دیے گئے۔ے۔ The bench of Chief Justice of Pakistan Justice Umar Ata Bandial was suddenly delisted while all the cases scheduled for hearing before the bench were also delisted. The Registrar Supreme Court issued a notification delisting the cases, but the notification did not specify the reasons for delisting the bench. Justice Jamal Mandukhel and Justice Athar Minullah were also included in the bench of Chief Justice of Pakistan. 12 cases were scheduled for hearing before the bench today. List of cases of Bench No. 2 also canceled The list of cases of Bench No. 2 of the Supreme Court was also canceled. The cause list of the bench comprising Justice Sardar Tariq Masood and Justice Shahi...
Read more