Following the agreement with the United States, Pakistan’s largest oil -finance method will import 1 million barrels of American oil in October, which will be through a multi -domatic energy company VITTLE.
It was confirmed by the company’s vice -president Osama Qureshi while talking to the Reuters of the news agency on Friday.
Pakistan is importing American crude oil for the first time, which is possible after a recent historical trade agreement. The deal came after several months of conversation.
Negotiations began in April when US President Donald Trump threatened to impose 29 percent tariffs on imports from Pakistan.
Citing the deal on Thursday, US President Donald Trump said, “Pakistan and the United States will work together to increase the major oil reserves.”
He also said, “We are now looking for a company that leads to this partnership.”
https://www.youtube.com/watch?v=zmpn5btc0cc
Osama Qureshi, vice president of Pakistan’s largest oil -cleansing factory, has said that West Texas Intermediate Light Crude Oil oil will be loaded from Houston this month and is likely to reach Karachi in the second part of October.
“This is a test spot cargo under the Ambrill Term Agreement between us and Vatol,” he said. If it is financially beneficial and available, we can import at least one cargo every month. ,
He said that this shipment is not reserved.
He said that after the announcement of tariffs in April, the Pakistani Finance Ministry and the Ministry of Petroleum encouraged local refineries to seek the possibility of importing American crude oil.
Vitol was approached for the office time after the office time, but did not get immediate response.
On Thursday, Pakistan appreciated its largest export market with the United States, saying the deal would increase investment. On Thursday, the White House announced that the United States would impose 19 % tariffs on imports from Pakistan.
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China’s leading ally Pakistan has improved relations with the Trump administration in recent times. Pakistan recently praised American diplomatic efforts to end tension with India and nominated Donald Trump for the Nobel Peace Prize.
Oil is the largest part of Pakistan’s imports. During the financial year ended on 30 June 2025, Pakistan imported $ 11 billion 30 million oil, which is about fifth of the total import of domestic imports.
This import agreement will bring diversity in the purchase of crude oil and reduce dependence on suppliers of the Middle East, which currently provides almost all oil imports to Pakistan.
Osama Qureshi said, “Gross profit on crude cleaning is equal to the level of bay oil and does not require any additional combination or change to use in the refinery.”
Sanarjee is capable of cleaning one lakh 56 thousand barrels of crude oil daily and operates the country’s only ‘single point Muring’ terminal near Karachi, which can handle large tankers. This ability is not with any other refinery in Pakistan.
Osama Qureshi said that the company has planned to install another offshore terminal in the next five to six years so that large ships or large number of cargo can also be brought to refinery.
The company is currently working only 30 to 35 % of its capacity, slowing down the demand for oil products in the country. The company, however, is hopeful of increasing demand for oil products.
According to Osama Qureshi: ‘We are hoping that as internal demand will increase and local production will be given priority as compared to imported fuel, our refinery production capacity will also increase.’
On Wednesday, President Trump said that with the United States, Pakistan, this South Asian would cooperate in the development of widespread oil reserves of the country, but no further details were provided.
