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Home Breaking News

Local POL production increases 12.71pc in 3rd quarter

byCT Report
10/05/2021
in Breaking News, Business, Latest News
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ISLAMABAD: The overall production of petroleum commodities has witnessed an increase of 12.71 percent during the first three quarters of financial year 2020-21 as compared to corresponding period of last year.

The Petroleum, Oil and Lubricants (POL) products that showed growth including kerosene oil production, which increased by 0.44 percent during the period under review, Pakistan Bureau of Statistics (PBS) reported.

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Similarly, the production of Motor Spirits, High Speed Diesel, Furnace Oil, lubricating oil, jute batching oil, Liquefied Petroleum Gas (LPG) and petroleum products NO S witnessing increase of 26.10 percent, 20.70 percent, 9.09 percent, 2.93 percent, 4.53 percent, 11.55 percent and 4.59 percent respectively.

However, the production of Jet Fuel Oil has decreased by 28.61 percent, Diesel oil 47.95 and Solvent Naptha 18.31 during the period under review.

On year-on-year basis, the production of POL products has witnessed an increase of 76.85 percent during March as compared to the output of March 2020.

During the month under review, the production of jet fuel oil increased by 33.02 percent, motor spirits 85.15 percent, high speed diesel by 118.93 percent, furnace oil by 55.41 percent, lubricating oil by 36.39 percent, jute batching oil by 98.79 percent, solvent naptha by 11.89 percent, LPG 40.306 percent and petroleum products nos by 89.52 percent.

On the other hand, the production of kerosene oil dipped by 4.50 percent and jute batching oil by 77.55 percent.

Tags: pol production

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