Pakistan imported just shy of 400,000 b/d of crude and key oil products in the financial year to June 2019. Of this, over 94% came from Gulf countries with the UAE (239,000 b/d) and Saudi Arabia (77,000 b/d) the key suppliers (see chart 1).

Indeed, for crude oil these two countries were Pakistan’s sole 2018-19 suppliers: 110,000 b/d from the UAE and 74,000 b/d from Saudi Arabia for a total of 184,000 b/d (see chart 2). (CONTINUED - 1364 WORDS)