Local POL production increases 2.35% in 2 months

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Islamabad

Overall production of petroleum commodities has witnessed an increase of 2.35 percent during the first two months of current financial year 2021-22 as compared to corresponding period of fiscal year 2020-21.

The Petroleum, Oil and Lubricants (POL) products that showed positive growth include Jet Fuel Oil the production of which increased by 14.40 percent during the period under review, Pakistan Bureau of Statistics (PBS) reported.

Similarly, the production of Motor Spirits, Lubricating Oil, Solvant Naptha, Liquefied Petroleum Gas (LPG) and other petroleum products witnessing increase of 7.48 percent, 168.36 percent, 15.66 percent, 7.26 percent and 21.26 percent respectively.

However, the production of Kerosene Oil has decreased by 1.06 percent, High Speed Diesel 1.25 percent, Diesel Oil NOS 16.25 percent, Furnace Oil 7.84 percent and Jute Batching oil 41.61 percent during the period under review.

On year-on-year basis, the production of POL products has witnessed an increase of 8.83 percent during August 2021 as compared to the output of August 2020. —APP

 

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