Home Latest News Industry Economy & Policy Markets Gold & Money Banking & Fintech Startups Agri-Business

Production of Petroleum Products Down 12% in 11 Months of FY23

The petroleum products production witnessed a decline of 12.23 percent during July-May 2022-23 as its indices went down to 87.71 from 99.93 during July-May 2021-22, says Pakistan Bureau of Statistics (PBS).

The official data revealed that high-speed diesel witnessed 15.63 percent negative growth as its output remained 4.308 billion litres in July-May 2022-23 compared to 5.106 billion liters in July-May 2021-22.

Furnace oil witnessed 12.45 negative growth in output and remained 2.043 billion litres in July-May 2022-23 compared to 2.334 billion litres in July-May 2021-22. Jet fuel oil witnessed a growth of 9.53 percent and remained 811.644 million litres in July-May 2022-23 compared to 741.023 million litres in July-May 2021-22.

Kerosene oil witnessed 10.30 percent negative growth in July-May 2022-23 and remained 101.239 million litres compared to 112.865 million litres.

According to the PBS data, cement production witnessed 12.36 per cent negative growth in July-May 2022-23 and remained 37.806 million tons compared to 43.140 million tons in July-May 2021-22.

Stay Connected with ProPakistani

Get the latest business news, market insights, and economic updates wherever you prefer.

Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.



Get Alerts

ProPakistani Community

Join the groups below to get latest news and updates.



>