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Tag Archives: Petroleum

Import Of Petroleum Products, LNG Likely To Rise

IMPORT OF PETROLEUM PRODUCTS, LNG LIKELY TO RISE

According to the provisional statistics of the Pakistan Bureau of Statistics (PBS), imports into Pakistan during May, 2018 amounted to Rs671,212 million (provisional) as compared to Rs589,741 million (provisional) during April, 2018 and Rs530,620 million during May, 2017 explaining a …

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Auto & Allied Industry (Facts & Figures)

Construction Material & Real Estate Financing (facts & Figures)

PRODUCTION OF AUTOMOTIVE SECTOR IN PAKISTAN ( No of units produced) Details Installed Capacity 2015-16 (July-Mar) 2016-17 (July-Mar) % Change Cars 240,000 137,067 143,317 4.6 LCVs 43,900 29,529 18,637 -36.9 Jeeps 5,000 621 812 30.8 Buses 5,000 746 893 19.7 …

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Attock Refinery Limited

Attock Refinery Limited

COMPANY PROFILE Glorious Past ….. Promising Future Attock Refinery Limited (ARL) set up in 1922, with two small stills of 2500 barrels per day (bpd) is the pacesetter of Pakistan’s petroleum refining industry. In late thirties and early forties the …

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Impact of rising oil prices on Pakistan

Impact of rising oil prices on Pakistan

Historically Pakistan has remained a net importer of crude oil and petroleum products. The rising trend in international oil prices is likely to erode country’s paltry foreign exchange reserves. The depreciating local currency offers an opportunity to the government to …

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Rising Oil Prices: Adding Fuel To Fire

Rising Oil Prices Adding Fuel To Fire

Pakistan is a net oil importer and meets about 75 percent of needs through imports. Oil imports carry the heaviest weight in total imports of the country. Pakistan has a total refining capacity to process around 400,000 bpd or about …

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