KARACHI – Pakistan’s petroleum product sales climbed 10% year-on-year (YoY) in May 2025 to 1.53 million tonnes, fueled by increased demand for high-speed diesel (HSD), lower fuel prices, and signs of economic rebound. Month-on-month (MoM), sales rose 5% from April, driven by seasonal diesel use during the wheat harvest and a reduction in fuel smuggling.
Excluding furnace oil (FO), May sales reached 1.45 million tonnes, up 10% YoY and 6% MoM. For July-May FY25, total sales rose 7% YoY to 14.76 million tonnes, while ex-FO sales climbed 9% YoY to 14.08 million tonnes.
Motor spirit (MS) sales hit 700,000 tonnes in May, up 15% YoY and 6% MoM. HSD sales stood at 672,000 tonnes, marking a 5% YoY and 8% MoM rise. FO sales grew 16% YoY to 80,000 tonnes but fell 5% from April.
Company-wise, Attock Petroleum Limited (APL) sold 137,000 tonnes, with HSD sales up 30% MoM. Pakistan State Oil (PSO) posted 642,000 tonnes, down 3% YoY but up 3% MoM. Wafi Energy reached a 2.5-year high of 123,000 tonnes (up 23% YoY/MoM), while HASCOL saw a two-year high at 54,000 tonnes (up 31% YoY, 13% MoM).
Meanwhile, the government collected Rs1.08 trillion in petroleum development levy (PDL) in 11 months, achieving 84% of its Rs1.28 trillion FY25 target.
Story by Tanveer Malik
