Pakistan to Import US Crude for the First Time Ever
Pakistan will receive its first-ever shipment of US crude oil in October. The cargo marks a strategic energy partnership breakthrough—expected to reshape regional dynamics
Cnergyico PK Limited, Pakistan’s largest oil refiner, has struck a deal with commodity trader Vitol to import 1 million barrels of West Texas Intermediate (WTI) crude
The one-million-barrel shipment will be loaded in Houston and delivered to Karachi in mid-to-late October—marking the first of potential monthly imports
This shipment is a test cargo. If viable, monthly US crude imports could follow under the same agreement structure
The deal accelerated after Trump threatened 29% tariffs on Pakistani imports, prompting Islamabad to diversify energy sources
This move is tied to a broader Trump-era trade pact with Pakistan—aimed at developing oil reserves and reducing tariffs on Pakistani exports
Trump even hinted Pakistan’s oil might one day flow to India—illustrating shifting trade dynamics in the region. Meanwhile, India faces rising tariffs
Beyond the first shipment, the Uranium name indicates possible monthly imports