Friday, August 08 2025

Pakistan Refinery Ltd to buy Nigerian Bonny Light oil from Vitol
Pakistan Refinery Ltd will import its first cargo of Nigerian Bonny Light crude from Vitol in September, two sources familiar with the matter said, as Asian refiners shift towards cheaper alternatives to Middle Eastern oil. The 500,000-barrel, light-sweet crude cargo is expected to load later this month and arrive in Karachi by late September, the sources said, declining to be named as the information is not yet public. The price was not immediately known. Vitol and PRL did not immediately respond to a request for comment. The purchase follows Pakistan’s first deal to import US crude, also supplied by Vitol, by Cnergyico, which is scheduled to arrive in October.
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