Pakistan’s first-ever cargo of United States crude oil has arrived at Cnergyico Pk Ltd’s offshore terminal near Hub in Balochistan province, as the two countries expand their trade and investment relations.
A Suezmax-class vessel MT Pegasus, carrying 1 million barrels of West Texas Intermediate (WTI) crude oil, was loaded in Houston on September 14 and berthed Wednesday at Cnergyico’s Single Point Mooring (SPM) facility.
The company called the occasion a milestone towards both diversifying Pakistan’s energy imports and expanding trade relations with Washington.
MT Pegasus is the largest crude oil tanker ever to dock at a Pakistani port.
The shipment follows a recent bilateral trade deal between Islamabad and Washington that facilitates direct energy imports from the United States.
The cargo represents Pakistan’s first crude purchase outside of the Middle East, which currently supplies over 90 percent of its oil, and signals a shift toward a broader energy partnership with the United States, the company said.
“This is a historic day for Pakistan’s energy sector,” Cnergyico said in a statement, adding that the arrival of MT Pegasus “marks the beginning of a new era in Pakistan-U.S. trade relations.”
The Karachi-based refiner, Pakistan’s largest with a capacity of about 156,000 barrels per day, operates the country’s only offshore mooring system capable of handling large oil tankers.
The company plans to import a second U.S. cargo in mid-November and a third in early 2026 as part of its long-term strategy to diversify energy supply sources.
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Kiran Asim is a writer who covers the U.S., Europe, South Asia, and the Middle East. Her reports and analyses look at the geostrategic issues and contemporary developments and their economic and political implications. She also writes about society and education.
