Domestic crude oil production increases 12.8 % in 9-months

Domestic crude oil production increases 12.8 % in 9-months

The country's domestic production of crude oil witnesses around 12. 8 percent increase during a nine-month period (July-March) of the last fiscal year.

According to official data available with APP, the domestic production of crude oil remained 24.6 million barrels during the period under review as compared to 21.8 million barrels in the same period of year 2017-18.

While, the oil import decreased by 15.38 percent, mainly due to increase in international prices.