Production of petroleum products up by 15.67%

BusinessProduction of petroleum products up by 15.67%

ISLAMABAD, Pakistan: The production of petroleum products witnessed 15.67 percent increase during the first four months (July-October) of the current fiscal year as compared to the corresponding period of the last fiscal year.

According to latest data of Pakistan Bureau of Statistics (PBS) on Wednesday, the petroleum products that contributed in positive growth included motor spirits, output of which grew by 15.06 percent during the period under review.

The production of High Speed Diesel grew by 16.23 percent, Diesel oil by 47.08 percent while the output of Furnace oil witnessed growth 18.9 percent.

Similarly, the production of Jute batching oil increased by 34.41 percent, Solvent Naptha by 24.18 percent while the production of LPG increased by 38.93 percent.

The petroleum products that witnessed negative growth in production included jet fuel, output of which decreased by 4.05 percent while the production of lubricating oil declined by 10.45 percent.

Meanwhile, on year-on-year basis, the production of petroleum products increased by21.64 percent during the month of October 2017 against the production of same month of last year.

The products that witnessed positive growth included motor spirits (11.61 percent), High Speed Diesel (28.03 percent), furnace oil (25.25 percent), Jute batching oil (1.54 percent), Solvant Naptha (47.25 percent), while the production of LPG increased by 47.53 percent.

On the other hand, the production of Jet fuel oil during the month decreased by7.60 percent, Kerosene oil by 15.12 percent while the production of lubricating oil decreased by 2.14 percent.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

The axis of Imran Khan’s politics is lies and slander

0
Islamabad, Pakistan: A campaign launched by PTI in social as well as mainstream media claims that confidence-building measures (CBMs) are operational between military leadership...
Donald Trump Leaked Audio Clip

Trump’s Presidency may reset US-Pakistan diplomatic dynamics

0
By Farzeen NadeemDonald Trump’s victory in the presidential elections as the 45th President of the United States can be termed transformative, even though the...
Without comprehensive, false information will continue to destabilize Pakistan, says COAS Gen Asim Munir

Without comprehensive laws, false narratives will continue to destabilize Pakistan, says COAS Gen Asim...

0
Islamabad, Pakistan: Army Chief General Syed Asim Munir has reiterated that without comprehensive laws and regulations, false and misleading information and hate speech will...

Lahore awaits to host the 2nd International Punjabi Conference on 18 to 20 November...

0
Lahore, Pakistan: Over 100 international delegates from all over the world will attend the Second International Punjabi Conference organized by Punjabi Parchar. The three-day...
On behalf of His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy King of Kingdom of Bahrain, conferred Bahrain Medal - First Class upon Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force at Sakhir Air Base, Bahrain. The medal was awarded to Air Chief in recognition of his distinguished efforts to enhance military cooperation and defence collaboration between the two brotherly countries. The ceremony was witnessed by senior civil and military leadership of Kingdom of Bahrain. His Royal Highnes conveyed his heartfelt acknowledgement to Air Chief Marshal Zaheer Ahmed Baber Sidhu for the participation of Pakistan Air Force contingent comprising JF-17 Block-III fighter jets alongside air and ground crew in the Bahrain International Airshow. Chief of the Air Staff expressed his gratitude for the honour of receiving the Bahrain Medal - First Class. On the sidelines of Bahrain International Airshow, Commander of Ninth Air Force (US Air Forces Central Command — AFCENT), Lieutenant General Derek France called on Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force. The Air Chief reiterated his resolve to further enhance the existing bilateral cooperation between the two strategic partners. Commander AFCENT appreciated Pakistan’s efforts in promoting regional peace and vowed to enhance cooperation in the fields of joint training, mutual exercises and military to military collaboration. In a separate meeting, Chief of the Air Staff also called on Field Marshal Shaikh Khalifa bin Ahmed Al Khalifa, Commander-in-Chief of the Bahrain Defence Force.

Bahrain conferred Bahrain Medal – First Class upon Air Chief Marshal Zaheer Ahmed Baber...

0
Monitoring Desk: On behalf of His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy King...
Advertisement