Pakistan’s energy sector marked a historic milestone on Wednesday with the arrival of the country’s largest US oil tanker, the MT Pegasus, at the Cnergyico oil terminal in Balochistan.
The ship, carrying one million barrels of West Texas Intermediate (WTI) crude, is the first-ever cargo of U.S. crude oil to dock at a Pakistani port. This import marks the official start of crude trade between Pakistan and the United States following a bilateral trade agreement.
According to Cnergyico, the MT Pegasus departed Houston on September 14 and docked at the company’s Single Point Mooring (SPM) offshore terminal today. The company described the event as a historic development in the country’s energy landscape, highlighting Pakistan’s growing engagement in global crude markets.
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Cnergyico, which previously set a record in 2017 for handling the country’s largest crude oil vessel, announced plans to arrive a second cargo in mid-November and a third shipment in 2026.
With this latest development, Cnergyico became the first Pakistani company to import US crude oil, marking what industry observers see as a new chapter in Pakistan-US trade relations.
