POL production decreases 3.57% during July


Overall production of petroleum commodities has witnessed a decrease of 3.57 percent during the first 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 1.08 percent during the period under review, Pakistan Bureau of Statistics (PBS) reported.

Similarly, the production of Lubricating Oil, Jute Batching Oil, Solvant Naptha and Liquefied Petroleum Gas witnessing increase of 131.39 percent, 7.74 percent, 12.87 percent and 11.41 percent respectively.

However, the production of Kerosene Oil has decreased by 2.09 percent, Motor Spirits 1.16 percent, High Speed Diesel 5.29 percent, Diesel Oil NOS 38.66 percent, Furnace Oil 15.52 percent and petroleum product NOS 24.49 during period under review.

It is pertinent to mention here that the overall output of Large Scale Manufacturing Industries (LSMI) in the country during the first months of financial year.—Agencies

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