Pakistan skips diesel imports in July as local refineries meet demand amid high import premiums

Profit by Pakistan Today reported that the country brought in no high-speed diesel (HSD) during July, as domestic refiners covered the entire requirement. According to oil sector sources, output from local plants passed 500,000 tonnes for the month. Crude oil imports, by contrast, totalled 890,000 tonnes over the same period.

Sales of HSD climbed 19% year-on-year and 25% month-on-month in July, and the additional volume came from refinery production. The shift took place while import premiums remained elevated and Middle East supply faced disruption. Over FY2025-26 as a whole, HSD imports came to 1.35 million tonnes. Kuwait Petroleum Corporation (KPC) is the principal source, supplying Pakistan State Oil (PSO) through a long-term deal.

Oil sector sources anticipate that a cargo of HSD organised by PSO will land in the days ahead. Petrol imports reached 345,361 tonnes in July, all of them 92 RON grade, and no 95 or 97 RON petrol imports were recorded. On the export side, furnace oil shipments comprised 29,853 tonnes of HSFO, 8,354 tonnes of MSFO and 26,411 tonnes of LSFO.