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2017-03-14 18:35:00

PAKISTAN OIL DEMAND UP 13%

PAKISTAN OIL DEMAND UP 13%

PLATTS - Pakistan's oil consumption from July 2016 to February 2017 jumped 13% year on year, owing to lower petroleum product prices and higher economic activity, driven by GDP growth, foreign investment and greater political stability.

Pakistan's economy expanded 4.2% in 2016, foreign investment has continued to grow -- attracted by the multi-billion dollar China-Pakistan Economic Corridor project -- and improvements in the country's security front, following the government's efforts to combat terrorism, have also led to economic gains and additional…

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Tags: PAKISTAN, OIL, DEMAND

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