Pakistan Refinery to buy its first Nigerian Bonny Light oil from Vitol, sources say

KARACHI: Pakistan Refinery Limited will import its first cargo of Nigerian Bonny Light crude from Vitol in September, two sources familiar with the matter said, as Asian refiners shift toward cheaper alternatives to Middle Eastern oil. The 500,000-barrel, light-sweet crude cargo is expected to load later this month and arrive in Karachi by late September, the sources said, declining to be named as the information is not yet public. The price was not immediately known. Vitol and PRL did not immediately respond to a request for comment.

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