You are currently viewing Local POL production dips 6% in 9 months of 2018-19
Local POL production dips 6 in 9 months of 2018 19

Local POL production dips 6% in 9 months of 2018-19

ISLAMABAD: The overall production of petroleum commodities has witnessed a decrease of 6 percent during first nine months (July-March) of the current fiscal year as compared to corresponding period of 2017-18.

According to the data of Pakistan Bureau of Statistics, the POL products that showed negative growth include Jet Fuel Oil, Kerosene Oil, High Speed Diesel, Furnace Oil, Jute Batching Oil and Solvant Naptha, posting decrease of 4.87 percent, 5.25 percent, 7.58 percent, 11.10 percent, 4.50 percent and 30.23 percent respectively.

However, the production of Motor Spirit oil has increased by 7.67 per cent, Diesel oil 32.67 per cent, Lubricating oil 14.19 per cent and Liquefied Petroleum Gas 27.69 per cent during the period under review.

On year-on-year basis, the petroleum production decreased by 9.65 per cent during March 2019 as compared to the output of March 2018.

 

 

 

 

 

app

Tags: , , , , , ,

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.