MOSCOW, December 4. /TASS/. Russia and Pakistan are negotiating an increase in Russian oil supplies to the Islamic Republic, Deputy Energy Minister Roman Marshavin said at a meeting of the intergovernmental commission on trade and economic cooperation between the two countries.

"We have stable supplies of Russian oil to Pakistan. All technical and financial issues are being promptly resolved by the countries. Work is underway to increase such supplies and diversify cargoes," he noted.

In April 2023, Pakistan placed an order to import 100,000 tons of Russia’s Urals oil. The republic called this batch a trial one and intended to test the ability of domestic enterprises to process oil from Russia. In June, a total of 101,000 tons of Russian oil were delivered to the port of Karachi by two tankers. Its recipient was the Pakistan Refining Company (PRL).

In October 2023, the Pakistani government allowed companies to enter into direct commercial contracts with Russian oil exporters.

Pakistan's new ambassador to Russia, Muhammad Khalid Jamali, said in an interview with TASS that the country is interested in expanding supplies of Russian oil, and negotiations are underway with Russia to conclude long-term contracts.