Local POL production dips by 8.35% in FY19

August 21, 2019: The overall production of petroleum commodities has witnessed a decrease of 8.35 percent during the fiscal year 2018-19, as compared to corresponding period of 2017-18.

The POL products that showed negative growth include Jet Fuel Oil, whose production decreased by 9.54 percent during the period under review, Pakistan Bureau of Statistics reported.

Similarly, the production of Kerosene Oil, High Speed Diesel, Furnace Oil, Jute Batching Oil and Solvant Naptha, witnessed declines of 1.14 percent, 9.84 percent, 11.92 percent, 14.48 percent and 26.9 percent respectively,

However, the production of Motor Spirit oil increased by 3.22 percent, Diesel oil by 16.65 percent, Lubricating oil by 9.78 percent and Liquefied Petroleum Gas by 17.23 percent during the said period.

On year-on-year basis, the petroleum production decreased by 21.74 percent during June 2019 as compared to the output of June 2018.

During the month under review, the production of jet fuel oil decreased by 5.4 percent, kerosene oil by 2.93 percent, motor spirits by 23.30 percent, high speed diesel by 29.12 percent and diesel oil by 33.28 percent.

Similarly, the production of furnace oil dipped by 10.96 percent, lubricating oil by 15.24 percent, jute batching oil by 74.19 percent, solvent naphtha by 11.31 percent and LPG by 6.21 percent.

APP