{"id":15021,"date":"2023-06-12T15:13:51","date_gmt":"2023-06-12T13:13:51","guid":{"rendered":"https:\/\/investmentbell.com\/?p=15021"},"modified":"2023-06-12T15:13:54","modified_gmt":"2023-06-12T13:13:54","slug":"exclusive-pakistans-russian-crude-shipment-paid-in-chinese-currency-minister","status":"publish","type":"post","link":"https:\/\/investmentbell.com\/id\/news\/commodities-news\/exclusive-pakistans-russian-crude-shipment-paid-in-chinese-currency-minister\/","title":{"rendered":"Exclusive-Pakistan&#8217;s Russian crude shipment paid in Chinese currency &#8211; minister"},"content":{"rendered":"<p>(Reuters) &#8211; Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, the South Asian country&#8217;s petroleum minister said on Monday, a significant shift in its U.S. dollar-dominated export payments policy.<\/p>\n\n\n\n<p>The first cargo of discounted Russian\u00a0crude oil\u00a0arranged under a new deal struck between Islamabad and Moscow arrived in Karachi on Sunday. It is currently being offloaded at the port.<\/p>\n\n\n\n<p>Petroleum Minister Musadik Malik, talking to Reuters by phone, did not disclose the commercial details of the deal, including pricing or the discount that Pakistan received.<\/p>\n\n\n\n<p>&#8220;We&#8217;ve run iterations of various product mixes, and in no scenario will the refining of this crude make a loss,&#8221; Malik said.<\/p>\n\n\n\n<p>&#8220;We are very sure it will be commercially viable.&#8221;<\/p>\n<div class=\"rate-now\"><span id=\"rate-mypost15021\"><\/span> <span id=\"rate-points\"> 0<\/span><\/div>\n\t\t\t<script type=\"text\/javascript\">jQuery('#rate-mypost15021').raty({\n\t\t\t\thalfShow : true,\n\t\t\t\thalf: true,readOnly: true,score: 0,\n\t\t\t\tpath: \"https:\/\/investmentbell.com\/wp-content\/plugins\/userpro-rating\/images\/\"\n\t\t\t\t});<\/script>","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, the South Asian country&#8217;s petroleum minister said on Monday, a significant shift in its U.S. dollar-dominated export payments policy. The first cargo of discounted Russian\u00a0crude oil\u00a0arranged under a new deal struck between Islamabad and Moscow arrived in Karachi on Sunday. [&hellip;]<\/p>","protected":false},"author":13,"featured_media":15022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":{"0":"post-15021","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-commodities-news"},"_links":{"self":[{"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/posts\/15021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/comments?post=15021"}],"version-history":[{"count":0,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/posts\/15021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/media\/15022"}],"wp:attachment":[{"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/media?parent=15021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/categories?post=15021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/tags?post=15021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}