- August 25, 2026
- Posted by: Tresmark
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Pakistan did not import high-speed diesel (HSD) in July 2026, as domestic refineries produced sufficient volumes to meet local demand amid elevated import premiums and disruptions around the Strait of Hormuz.
The country imported around 1.35 million tonnes of HSD during FY26, but oil-sector data showed zero HSD imports in July, the first month of FY27. Meanwhile, crude oil imports reached approximately 890,000 tonnes during the month.
Industry sources said local refineries produced more than 500,000 tonnes of HSD in July, enough to satisfy domestic requirements. Higher international import premiums also made overseas purchases less attractive.
HSD imports are primarily sourced from the Middle East, with Kuwait Petroleum Corporation (KPC) being the main supplier to Pakistan State Oil (PSO) under a long-term agreement.
Despite relatively weak HSD sales in June, demand strengthened considerably in July. HSD sales increased 19% year-on-year and 25% month-on-month, with local refinery output meeting the additional requirement.
However, an imported HSD cargo arranged by PSO is expected to arrive in Pakistan in the coming days, suggesting imports could resume depending on domestic supply and international pricing conditions.
Meanwhile, Pakistan imported 345,361 tonnes of petrol in July. All petrol imports during the month were 92 RON, with no 95 RON or 97 RON petrol imported.
Furnace oil exports remained relatively limited, with Pakistan exporting 29,853 tonnes of high-sulphur furnace oil (HSFO), 8,354 tonnes of medium-sulphur furnace oil (MSFO), and 26,411 tonnes of low-sulphur furnace oil (LSFO) during July.
The July data highlights the growing role of domestic refineries in meeting diesel demand, while high import costs and regional supply disruptions continue to influence Pakistan’s petroleum import requirements.
