Karachi, March 16, 2024 – Pakistan’s import of petroleum products has seen a significant decline in the first eight months (July-February) of the current fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS).
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Pakistan’s Petroleum Import Bill Records 12% Decline in 7MFY24
Islamabad, February 19, 2024 – Pakistan’s petroleum import bill has witnessed a significant 12 percent decline during the first seven months (July – January) of the fiscal year 2023-24, according to data released by the authorities.
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Pakistan’s Import of Petroleum Products Plunges by 41% in Two Months of FY24
Karachi, September 17, 2023 – Pakistan’s import of petroleum products has seen a substantial decline of 41 percent during the first two months of the fiscal year 2023-24, according to official statistics released by the Pakistan Bureau of Statistics (PBS).
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Pakistan’s import of petroleum products sees a 20% decline in 9MFY23
According to data released by the Pakistan Bureau of Statistics (PBS), the import of petroleum products has declined by 20% during the first nine months (July-March) of the current fiscal year 2022-2023.
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Strike on Saudi’s ARAMCO: Pakistan’s oil bill may rise
Recent drone attacks on Saudi Arabia’s largest oil facilities have sparked concerns about their potential impact on Pakistan’s oil import bill. The attacks targeted the Abqaiq and Khurais oil fields, causing substantial disruptions in oil production. Approximately 5.7 million barrels per day, representing about 50% of Saudi Arabia’s total oil output and 5% of global production, have been halted.
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