Exporting Jet Fuel to Afghanistan Bringing Profit

BUSINESS. .

Pakistan’s oil industry is going through hard times due to the extant financial crisis but the export of jet fuel to Afghanistan is on a rise and bringing a handsome amount of profit. The rise in the export demand of jet fuel to Afghanistan owes to the military needs of the US and allied forces.

jet xJfmy 17659
jet xJfmy 17659

Sales figures show a modest monthly growth of 4.36 percent in jet fuel (JP-1) export to Afghanistan thus, jet fuel trade with Afghanistan is succoring the hard up oil sector of Pakistan. Particularly significant from the profit’s viewpoint is the fact that the allied forces are paying in advance for JP-1. Currently, four major oil companies are exporting JP-1 to Afghanistan: Shell Pakistan Ltd., Pakistan State Oil, Attock Petroleum Ltd., and Caltex Pakistan Ltd. Shell Pakistan Ltd leads the JP-1 trade to Afghanistan with respect to the exported amount of fuel.

Jet fuel is also the premium of product of refineries and all of these in Pakistan are producing their share of jet fuel Sometimes oil marketing companies produce jet fuel only to meet the export demands. Experts in oil trade are of the opinion that jet fuel trade with Afghanistan can grow significantly if the peace and security situation in Pakistan, especially in the NWFP province, becomes better

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