{"id":265271,"date":"2022-06-09T18:36:37","date_gmt":"2022-06-09T13:36:37","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=265271"},"modified":"2022-06-09T18:36:37","modified_gmt":"2022-06-09T13:36:37","slug":"oil-import-bill-increases-to-17bn","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/oil-import-bill-increases-to-17bn\/","title":{"rendered":"Oil import bill increases to $17bn"},"content":{"rendered":"

The 0il import bill increased by 95.9 percent to US$17.03 billion July-April FY2022 compare to US$8.69 billion during the corresponding period last year.
\nAccording to the economic survey 2021-22 issued by the federal minister, the import of petroleum products went up by 121.15 percent in value and 24.18 percent in quantity.
\nDuring July-April FY2022, the import of petroleum products increased to US$8.55 billion in July-April FY 2022 compared to US$3.87 billion during July-April 2021.
\nIt said that the crude oil imports rose by 75.1 percent in value and 1.4 per cent in quantity during the period under review.
\nPetroleum crude reached to US$4.22 billion July-April FY2022 against US$2.41 billion in the same period in FY2021.
\nDuring July-March FY2022, the total processed imported crude stood at million metric tons while processed local crude recorded at 2.31 million metric tons.
\nSimilarly, the import of LNG has increased by 39.86 percent during July-April FY2022. It is important to note that increase in LPG is largely triggered by increase in value which stood at 82.90 percent.
\nHigher oil prices in the global market and massive depreciation of the Pakistani rupee making oil imports more expensive, triggering external sector pressure and is widening trade deficit of the country, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 0il import bill increased by 95.9 percent to US$17.03 billion July-April FY2022 compare to US$8.69 billion during the corresponding period last year. According to the economic survey 2021-22 issued by the federal minister, the import of petroleum products went up by 121.15 percent in value and 24.18 percent in quantity. During July-April FY2022, the […]<\/p>\n","protected":false},"author":2,"featured_media":265290,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[8332,318,707],"class_list":{"0":"post-265271","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bill-increases","9":"tag-import","10":"tag-oil"},"yoast_head":"\nOil import bill increases to $17bn<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/oil-import-bill-increases-to-17bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil import bill increases to $17bn\" \/>\n<meta property=\"og:description\" content=\"The 0il import bill increased by 95.9 percent to US$17.03 billion July-April FY2022 compare to US$8.69 billion during the corresponding period last year. According to the economic survey 2021-22 issued by the federal minister, the import of petroleum products went up by 121.15 percent in value and 24.18 percent in quantity. During July-April FY2022, the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/oil-import-bill-increases-to-17bn\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-09T13:36:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/06\/oil.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"910\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" 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