Pakistan Refinery Limited (PSX: PRL) Wednesday articulated that it has not entered into any agreements or commitments for the import of crude oil from Russia it.
It has also issued a notice to the Pakistan Stock Exchange (PSX) that it has not entered any negotiations regarding the import of Russian crude oil at discounted rates.
“We continue to uphold the commitment to transparency and shall inform our stakeholders through our diligent official channels of any development,”
Separately, Petroleum Minister Musadik Malik also made it clear on Wednesday that no agreement with regard to purchasing crude oil from Russia has been signed.
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Talking to the media, the minister said that there have been no formal agreements on purchasing crude oil from Russia as of now.