Pakistan, Aug. 8 -- 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 to be loaded later this month and arrive in Karachi by the end of September. The exact price of the oil has not yet been disclosed.

Neither PRL nor Vitol has commented on the deal so far. This purchase follows Pakistan's first agreement to import U.S. crude oil, under which Cnergyico will receive American crude supplied by Vitol in October. The move reflects a broader ...