Islamabad, Feb 4: In January 2025, Pakistan’s total sales of petroleum products remained steady at 1.38 million tons, matching the figures from the previous year. However, during the first seven months of FY25, petroleum sales saw a notable 4% year-on-year (YoY) increase, reaching 9.41 million tons, compared to 9.07 million tons in the same period last year. Motor spirit (MS) petrol sales rose by 1% YoY, totaling 0.62 million tons in January 2025.
On the other hand, EX-FO sales experienced a significant drop of 68% YoY, amounting to just 0.06 million tons in January 2025. In the 7MFY25 period, EX-FO sales dropped by 46% YoY, reaching only 0.41 million tons.
Looking at month-on-month (MoM) trends, the overall petroleum sales in January 2025 increased by 8%, with MS sales showing a solid 10% growth. Similarly, EX-FO dispatches surged by 40% MoM, and high-speed diesel (HSD) sales saw a moderate 5% increase.
Read More:
PSX Suspends Trading in Shares of 9 Listed Companies
When breaking down sales by company, PSO’s performance showed a decline of 10% YoY, with its total sales reaching 0.59 million tons in January 2025. MS sales for PSO dropped by 11%, while FO dispatches saw an alarming decline of 88% YoY. Meanwhile, SHEL’s sales grew by 4% YoY during the same period, reflecting positive growth. APL experienced a 14% drop in sales, while HASCOL’s performance soared with a remarkable 120% increase YoY.
For the 7MFY25 period, APL and PSO experienced a decline in sales, with decreases of 11% and 5% YoY, respectively. In contrast, SHEL saw a 6% increase in sales, while HASCOL outperformed all, with a 31% YoY sales growth.
This data indicates a varied performance across different petroleum companies, with certain firms experiencing significant gains, particularly HASCOL, while others, like PSO and APL, saw declines in sales. The overall growth in the petroleum sector highlights a recovery in demand for products such as MS and HSD, with EX-FO still facing challenges in the market.
