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 171,404.49
326.40M
-0.32%
-556.16
ALLSHR 103,442.24
795.99M
-0.21%
-217.04
KSE30 52,413.79
113.03M
-0.27%
-143.72
KMI30 244,645.84
109.10M
-0.15%
-378.05
KMIALLSHR 67,050.27
450.39M
-0.02%
-14.08
BKTi 47,413.54
37.21M
-0.37%
-176.81
OGTi 33,419.75
8.88M
-0.20%
-67.52
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,895.00 89,510.00
85,135.00
3075.00
3.63%
BRENT CRUDE 60.55 60.65
59.40
0.73
1.22%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.30
2.59%
ROTTERDAM COAL MONTHLY 96.90 96.90
96.90
0.50
0.52%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 56.54 56.72
55.61
0.54
0.96%
SUGAR #11 WORLD 14.85 14.87
14.45
0.37
2.56%

Chart of the Day


Latest News
December 20, 2025 at 03:32 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


December 20, 2025 at 03:30 PM GMT+05:00

SECP allows money market funds to invest in one-year GIS Sukuk


December 19, 2025 at 05:26 PM GMT+05:00

Govt reviews telecom infrastructure, VC sector issues


December 19, 2025 at 05:01 PM GMT+05:00

PSX Closing Bell: Down in the Valley


December 19, 2025 at 04:50 PM GMT+05:00

KOHC Consortium moves forward in PIA privatization bid



Top 5 things to watch in this week

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