A high-power delegation will soon travel to Russia to discuss any potential long-term collaboration to purchase gas and oil, the National Assembly was informed on Thursday.
Details were provided by Hamid Hameed, Parliamentary Secretary for the Petroleum Division, in answer to a query from the House during Parliamentary Debates. He stated that Russia has not yet proposed to supply Pakistan with gas.
Hamid Hameed added, however, that on November 11th, the Pakistani government sent a letter to the Russian authorities expressing interest in acquiring two to three cargoes of LNG at a discounted price and a deferred payment facility for the months of December 2022 and January of the following year.
The Parliamentary Secretary noted that the Russian side has expressed its inability to provide the same for these months. In response to another question, he said that currently, 229 fields were producing oil and gas in the country.
“A total of 16 new reservoirs of oil and gas were discovered during the last year,” he said, adding that some blocks for the exploration of oil and gas under the sea will be offered for auction next year.