ISLAMABAD: The petroleum production grew overall by 3.39 per cent during the last fiscal year, FY 2016-17, as compared to the financial year 2015-16, official data available with the agency showed.
Production of six POL items, including Jet fuel oil, motor spirits, high-speed diesel, furnace oil, Jute Batching oil, and LPG, witnessed an increase, while kerosene oil, diesel oil, lubricating oil and solvent Naptha showed negative growth, according to official data.
The petroleum products that contributed to the positive growth included jet fuel, production of which grew by 5.01 per cent during. The output of motor spirits grew by 13.64 per cent during the period under review while there has been 4.41 per cent growth in the output of high-speed diesel.
The production of jute batching oil surged by 47.65 per cent, while the production of Liquefied Petroleum Gas (LPG) increased by 13.60 per cent. Production of furnace oil witnessed 4.41 per cent increase.
The products that witnessed negative growth in production during the 12-month period included kerosene oil, output of which declined by 12.35 per cent, while the output of diesel oil witnessed the negative growth of 17.68 per cent.
There has been 17.38 per cent decrease in production of solvent naptha while the lubricating oil produce also witnessed 7.03 per cent downfall in production.
Similarly, the production of petroleum products on year-on-year basis witnessed an increase of 3.32 per cent in June when compared to the same month of last year.
The products that witnessed positive growth in production on year-on-year basis included motor spirits, high-speed diesel, diesel oil, furnace oil, jute batching oil and LPG.
