1st half of FY 2023-24
ISLAMABAD: The imports of the overall petroleum group contracted by 13.78 per cent during the first six months of the current fiscal year (2023-24) compared to the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported. The total imports of the petroleum group during July-December (2023-24) stood at $ 8,005.784 million against the imports of $9,285.522 million during the same period of last year.Among petroleum commodities, the import of petroleum products declined by 24 per cent, from $ 4,202.185 million last year to $3,193,849 million during the period under review. Likewise, the imports of Liquefied Natural Gas (LNG) declined by 4.96 per cent from $ 1,949.704 million last year to $ 1,852.996 million this year whereas petroleum crude dipped by 5.94 per cent from $ 2,776.186 million to $ 2,611.179 million. DNA
