Local POL production increases by 1.50% during July-November.

ISLAMABAD -- Overall production of petroleum commodities has witnessed an increase of 1.50 percent during the first five months of current financial year 2020-21 as compared to corresponding period of fiscal year 2019-20.

POL products that showed positive growth include Kerosene Oil the production of which increased by 3.76 percent during the period under review, Pakistan Bureau of Statistics (PBS) reported.

Similarly, the production of Motor Spirits, High Speed Diesel, Furnace oil, Jute Batching Oil and Liquefied Petroleum Gas witnessing increase of 16.13 percent, 7.16 percent, 0.97 percent, 5.85 percent and 5.98 percent respectively.

However, the production of Jet Fuel Oil has decreased by 41.55 percent, Diesel oil 61.77 percent, Lubricating oil 16.18 percent, Solvant Naptha 28.18 percent and petroleum product NOS 14.79 during the period under review.

On year-on-year basis, the petroleum production has witnessed an increase of 1.17 percent during November 2020 as compared to the output of November 2019.

During the month under review,the production of motor spirits increased by 17.30 percent, high speed diesels by 3.13 percent, furnace oil by 9.23 percent and lubricating oil by 24.96 percent.

On the other hand, the production of jute fuel oil dipped by 41.04 percent, kerosene oil by 42.82 percent, diesel oil...