Pakistan has imported a significant quantity of crude oil from the United States, with official figures now disclosed in the National Assembly. The details were shared during the question hour, shedding light on the volume, cost, and future import plans.
Details Presented in National Assembly
According to the Ministry of Petroleum, the crude oil imports were carried out by Cnergyico Pakistan Limited (CPL), a private oil refinery operating in the country. The ministry confirmed that the imports exceeded one lakh metric tons, reflecting Pakistan’s continued reliance on international energy markets.
October Import Figures
The ministry informed lawmakers that in October, CPL imported crude oil worth more than $74 million from the United States. During the month, a total of 126,175 metric tons of crude oil was brought into Pakistan to meet refinery requirements.
November Import Data
Further disclosures revealed that in November, Pakistan imported an additional 123,818 metric tons of crude oil from the US. The total value of this shipment crossed $72 million, taking the combined import value for the two months to over $146 million.
Future Import Plans for 2026
The Ministry of Petroleum also confirmed that Cnergyico Pakistan Limited plans to import more crude oil during the first three months of 2026. This move indicates a continued strategy to diversify supply sources and ensure uninterrupted fuel availability in the local market.
Why This Matters
These imports highlight Pakistan’s energy security planning, especially amid fluctuating global oil prices and supply uncertainties. Increased crude oil imports can help stabilize refinery operations but also have implications for foreign exchange reserves and fuel pricing in the country.
