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In the first 11 months of the current financial year (2021-22), imports across the oil group increased by 99.14% compared to the same period last year.
According to the latest data released by the Pakistan Bureau of Statistics, the oil group’s total imports for the period were $19.679 billion, compared with $9.882 billion a year earlier.
year-on-year, petroleum product imports increased by 126.17%, from $4.431 billion to $10.022 billion.
In July-May 2021/22, crude oil imports will increase by 74.70% to $5,759.1 million from $2,724 million in the previous year, while LNG imports will increase from $2,320 million to $4,289 million. million dollars, an increase of 86.29%.
LNG imports increased by 43.50% from $422.917 million to $668.92 million.