Petroleum group imports reduced by 20.90pc

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Islamabad

Petroleum group imports during the first seven months of the current fiscal year were reduced by 20.90 percent as compared to the corresponding period of the last year.

According to the Pakistan Bureau of Statistics (PBS), the petroleum group imports came down from the US $ 7,131,451 thousand FY 2019-20 of last financial year to the US $5,640,751 thousand of the same period of the current financial year.

During the period from July-Jan 20-21, imports of petroleum products reduced by 15.33%, worth $2,549,674 thousand as compared the imports valuing $3,011,154 thousand of the same period of last year, it added.

Meanwhile, petroleum Crude imports decreased by 26.00%, worth $ 1,542,401 thousand as compared to the imports valuing $2,084,224 thousand of the corresponding period of last year.

During the period under review, Natural gas and liquefied imports also came down by 31.07%, valuing $1,275,240 thousand imported as compared to the imports worth $1,850,082 thousand of the same period of last year.—APP