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Petroleum Products Observed Overall 3.39% Raise Throughout Last Financial Year

Andleeb Sidhu by Andleeb Sidhu
August 27, 2017
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The petroleum production raised normally by 3.39% throughout the last financial year when compared with the relating year 2015-16.

Production of six oil based commodities including

  1. Jet fuel oil, motor spirits,
  2. High-speed diesel, furnace oil,
  3. Jute batching oil and Liquefied Petroleum Gas (LPG) saw an increase,
  4. While kerosene oil, diesel oil, greasing up oil and solvent naphtha indicated negative development, as per official information accessible with APP.

The petroleum commodities that added to the positive growth incorporated jet fuel, the formation of which developed by 5.01% in the middle of the last monetary year.

The give in of motor spirits developed by 13.64% through the period under examined as there has been 4.41% expansion in the yield of high-speed diesel.

The manufacturing of jute batching oil surged by 47.65% as the generation of LPG extended by 13.60%.

In the period in-between, the production of furnace oil saw a 4.41% increase.

The items that saw negative development in progress during the year time frame comprising of kerosene oil, the yield of which declined by 12.35%, while the yield of diesel oil saw a negative development of 17.68%.

There have been 17.38% reduction in the production of solvent naphtha, while the lubricating oil generation likewise saw 7.03% downfall in production.

Equally, the production of oil based goods on year-on-year premise saw an expansion of 3.32% in June when contrasted with that period of a year ago.

The items that saw positive development in production on year-on-year premise, included engine spirits, high-speed diesel, diesel oil, furnace oil, jute clustering oil and LPG.

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