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Pakistan to receive the first American oil transfer as CNERGYICO signs an admission agreement

Listen to the article Pakistan’s largest shelf, Cnergyico, will import 1 million barrels of oil from Vitol in October, USAMA Vice President of USA Qureshi told Reuters on Friday, noting the first market for US crude after a land trade agreement. The West Texas intermediate load will be loaded by Houston this month and is expected to arrive in Karachi in the second half of October, Qureshi said. “This is a test load under the umbrella agreement with Vitol. If it is commercially viable and available, we could enter at least one load per month,” he said, adding that the