Pakistan Refinery Limited (PRL) will import its first-ever cargo of Nigerian Bonny Light crude oil from Vitol in September, marking a shift toward cheaper alternatives to Middle Eastern supplies. Industry sources, who requested anonymity as details are not yet public, said the shipment will consist of 500,000 barrels of light sweet crude. It is expected […]
Pakistan Refinery Limited (PRL)
Pakistan refinery to import first Nigerian bonny light oil
Pakistan Refinery Limited (PRL) will import its first shipment of Nigerian Bonny Light crude oil in September. The 500,000-barrel cargo will arrive in Karachi by late September. This move reflects a shift as Asian refiners look for cheaper alternatives to Middle Eastern oil. The exact price of the shipment is not yet known. Both PRL […]