New York: Minister of Petroleum Musadik Malik stated that wherever we can find cheap oil, we will buy it from there.
According to the details, during his visit to the United States, Minister of Petroleum Musadik Malik said that wherever we can find cheap sources of energy, we will go there and buy it.
The Minister of Petroleum stated that Pakistan has started buying oil from Russia to cope with the economic crisis, and Pakistan’s future is particularly dependent on alternative green energy.
Musadik Malik revealed that Pakistan has already placed its first oil order, and it is estimated how much revenue can be generated in the future. We will see which part of our port folio we can use Russian oil for.
He further said that Pakistan is the fifth most populous country in the world and is facing an oil shortage. Pakistan fulfills 84% of its oil needs from Saudi Arabia and the United Arab Emirates.
