Over 200k tonnes of additional urea produced in Nov-Dec: Hammad Azhar

News Image

MG News | December 31, 2021 at 02:28 PM GMT+05:00

0:00

December 31, 2021 (MLN): As a result of the modification in Priority Order of gas allocations, more than 200k tonnes of additional urea has been produced in November and December, saving $200 million by import substitution, Minister of Energy, Hammad Azhar said today.

To recall, last month, the cabinet modified the Priority Order of gas allocations by bringing the domestic fertilizer sector up.

The Ministry of Industries and Production recommended that due to high international prices for fertilizer and also in consideration of food security, gas supply priority order may be revised with reference to the fertilizer sector and fertilizer sector may be placed at par with domestic and commercial/ exporters as essential import substitution sectors.

Yesterday, the parliamentary committee noted that the gas supply disruption to fertiliser plants during the June-September period had caused a shortage of 200,000 tonnes of urea.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 152,740.38
147.44M
-1.01%
-1551.88
ALLSHR 91,858.47
324.25M
-0.86%
-800.10
KSE30 46,223.61
86.89M
-1.45%
-681.25
KMI30 219,130.92
66.08M
-1.15%
-2553.50
KMIALLSHR 59,625.28
139.61M
-0.93%
-562.17
BKTi 42,104.46
39.09M
-2.02%
-866.56
OGTi 32,077.87
10.13M
-1.27%
-414.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,260.00 71,480.00
69,620.00
-100.00
-0.14%
BRENT CRUDE 108.43 111.22
105.05
-0.22
-0.20%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.80
-10.61%
ROTTERDAM COAL MONTHLY 123.30 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 95.88 96.45
92.47
0.33
0.35%
SUGAR #11 WORLD 15.50 15.62
15.27
0.13
0.85%

Chart of the Day


Latest News
March 20, 2026 at 02:24 AM GMT+05:00

Jazz launches 5G services in Pakistan


March 20, 2026 at 01:47 AM GMT+05:00

SBP reserves have increased for the 32nd consecutive week


March 19, 2026 at 03:56 PM GMT+05:00

PKR holds firm, closes flat against USD


March 19, 2026 at 03:41 PM GMT+05:00

CCP approves merger of Cyan, DH Partners into DLL



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg