During July-December 2023-24, the production of petroleum products experienced a notable increase of 8.40 percent, with its indices rising to 95.99 from 88.55 recorded during the same period in 2022-23. Additionally, in December, there was a substantial increase of 17.85 percent in petroleum products production.

Specifically, high-speed diesel observed a growth of 12.83 percent, with output reaching 2.708 billion liters in July-December 2023-24 compared to 2.4 billion liters in July-December 2022-23.

Also Read: Caretaker Prime Minister Stresses Resource Utilization in Petroleum Sector

Similarly, furnace oil production surged by 18.92 percent during the same period, reaching 1.381 billion liters compared to 1.161 billion liters previously. However, jet fuel oil saw a decline of 11.58 percent, with production totaling 397.039 million liters in July-December 2023-24, down from 449.022 million liters in July-December 2022-23.

Kerosene oil production experienced a growth of 5.63 percent, reaching 48.907 million liters in July-December 2023-24 compared to 46.299 million liters in the corresponding period of the previous year.

Furthermore, cement production witnessed a modest growth of 1.95 percent during July-December 2023-24, with output totaling 21.072 million tons compared to 20.669 million tons in July-December 2022-23, as per data from the Pakistan Bureau of Statistics (PBS).