“Petroleum Data- 11 Months”
Petroleum consumption for 11 months increased by 6.9% to 17.65m tons as compared to 16.51m tons in the corresponding period of last year mainly due to increasing demand for power, industrial consumption and transport sector.
Major increase was in the consumption of HSD and Gasoline, which increased 14.2% and 29.3% respectively.
“Pakistan State Oil” – “PSO” Shares Increased in Consumption
Pakistan State Oil – PSO is with biggest market capitalization with 67.9% of the total market share during 11 months as compared to 64.7% in the same period of last year. Total sales volume of petroleum products is at 11.98m tons as compared to 10.68m tons in the corresponding period of last year.
“Shell Pakistan Limited” - “Shell” Shares Almost Same in Consumption
Shell Pakistan Limited – Shell growth of 7.2% in its petroleum products, which stood at 2.40m tons during the period, as against 2.24m Overall market share of the company was remained almost same and stood at 13.6% during the period under review. Major improvement was brought about by rise in sales of Furnace Oil and Gasoline.
“Attock Petroleum Limited” – “APL” Shares decline in Consumption
Attock Petroleum Limited - APL depicted a decline of 0.8% in its total POL sales, which stood at 1.13m tons in 11mths’08 as compared to 1.14m in the same period last year. The total market share of APL fell to 6.4% during the said period as compared to 6.9% in the corresponding period of last year due to fall in sales of furnace oil, sales of which fell by12.2% to 0.47m tons from 0.53m tons.
Monday, June 30, 2008
“Petroleum Consumption in Pakistan”
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