ISLAMABAD: Pakistan and Russia Friday agreed to strengthen energy cooperation, enhance energy trade and broaden energy infrastructure investment based on strategic and favourable commercial terms on Friday, January 20. It was led by Nikolay Shulginov, Minister of Energy for the Russian Federation and Ayaz Sadiq, Pakistan’s Federal Minister for Economic Affairs. The two sides agreed on March 2023, as the timeline for crude oil export. Both sides have agreed to strengthen energy cooperation, enhance energy trade and broaden energy infrastructure investment based on strategic and favourable commercial terms. They have agreed to work on a “Comprehensive Plan for Energy Cooperation,” which will form the foundation for future work.
