Exports of petroleum, coal surge 38.59pc

[Neo]

Exports of petroleum, coal surge 38.59pc

Wednesday, 26 October 2011

coalISLAMABAD: The export of petroleum and coal products increased by 38.59 per cent during first quarter of the current year as compared to the same period of last year.

The country exported petroleum and coal products worth US$374.48 million during July-September 2011-12 against the export of US$270.56 million during July-September 2010-11, Federal Board of Statistics (FBS) reported.

Out of the petroleum group and coal, the export of petroleum products (Excluding top naphta) registered an increase of 11.59 per cent by growing from US$164.95 million last year to US$184.07 million during period under view.

The export of petroleum top naphta was recorded at US$190.73 million during first of quarter of current year, witnessing growth of 80.65 per cent as compared to US$105.58 million during the same period last year.

The export of solid fuels (coal) has registered the increase of 347.22 per cent during period under view.

On year-on-year basis, the export of petroleum group and coal has registered an increase of 51.29 per cent during the month of September 2011 over same month of last year.

The export of commodity stood at US$110.04 million in September 2011 against the export of US$72.74 million September 2010.

The export of petroleum products (excluding top naphta) witnessed an increase of 48.67 per cent in September 2011 over the September 2010.

The export of commodity stood at US$56.72 million during the 3rd month of current year against the export of US$38.15 million in September 2010.

The country has exported the petroleum top naphta worth US$53.24 million, showing an increase of 53.94 during September 2011 over the same month of last year.

The export of solid fuels (coal) registered growth of 100 per to reach at US$110.04 million in September 2011 against the zero exports of the commodity during September last.

Exports of petroleum, coal surge 38.59pc