Pakistan has received its largest-ever shipment of US crude oil, marking a new milestone in bilateral trade with Washington, as reported by national media.
The vessel MT Pegasus, carrying one million barrels of West Texas Intermediate (WTI) crude, is scheduled to berth today at Cnergyico’s offshore oil terminal in Balochistan.
This is the first commercial import of US crude under the new Pakistan–US trade framework — a development industry officials are calling a “historic breakthrough” for the country’s energy sector.
According to Cnergyico, the tanker departed from Houston on September 14 and is now approaching its final docking point at the Single Point Mooring (SPM) terminal.
The move paves the way for long-term crude oil trade between Islamabad and Washington.
Cnergyico, which set a national record in 2017 by handling Pakistan’s largest-ever crude vessel, plans to import a second US crude shipment in mid-November and a third in 2026.
Industry experts say the initiative will help diversify Pakistan’s energy mix, improve refining margins, and strengthen bilateral trade ties with the United States.
A Cnergyico spokesperson described the arrival of the US crude as “the beginning of a new chapter in Pakistan–US commercial relations.”
