In the first eleven months of FY23, petroleum product production fell by 12%.

Web DeskJuly 14, 2023
In the first eleven months of FY23, petroleum product production fell by 12%.

According to Pakistan Bureau of Statistics (PBS), the production of petroleum products decreased 12.23% between July 2022 and May 2023, with its indexes falling from 99.93 to 87.71.

According to the official figures, high-speed diesel saw a 15.63 percent decline in production between July 2021 and May 2022, falling from 5.106 billion liters to 4.308 billion liters.

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In comparison to the output of 2.334 billion liters in the July-May 2021–2022 period, furnace oil saw a 12.45 negative growth and remained at 2.043 billion liters in 2022–2023. In July-May 2022–23, the amount of jet fuel oil increased by 9.53 percent to 811.644 million liters from 741.023 million liters in July–May 2021–22.a

In July–May 2022–2023, kerosene oil saw a 10.30 percent decline in volume and stayed at 101.239 million liters as opposed to 112.865 million liters.

The PBS data show that cement output decreased 12.36% in the July–May 2022–23 period compared to the same period the previous year, when it increased by 43.140 million tons to 37.806 million tons.



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