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Local POL production up by 1.57pc

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Islamabad

Overall production of petroleum commodities has witnessed an increase of 1.57 percent during the first four months of current financial year 2020-21 as compared to corresponding period of fiscal year 2019-20.
POL products that showed positive growth include Kerosene Oil the production of which increased by 21.38 percent during the period under review, Pakistan Bureau of Statistics (PBS) reported.
Similarly, the production of Motor Spirits, High Speed Diesel, Jute Batching Oil and Liquefied Petroleum Gas witnessing increase of 15.81 percent, 8.15 percent, 11.11 percent and 8.19 percent respectively.
However, the production of Jet Fuel Oil has decreased by 41.69 percent, Diesel oil 62.17 percent, Furnace oil 1.04 percent, Lubricating oil 27.20, Solvant Naptha 27.46 percent and petroleum product NOS 14.87 during the period under review.
On year-on-year basis, the petroleum production has witnessed decrease of 1.67 percent during October 2020 as compared to the output of October 2019.
During the month under review, the production of motor spirits increased by 9.41 percent, high speed diesels by 2.47 percent and LPG by 8.88 percent. On the other hand, the production of jute fuel oil dipped by 38.83 percent, kerosene oil by 10.37 percent, diesel oil by 61.36 percent, furnace oil by 1.87 percent, lubricating oil by 2.38 percent, jute batching oil 34.62 percent and solvent naptha 26.15 percent.

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