Shell Pakistan was Pakistan’s largest base oils importer in August as its volume of shipments surged.Other major importers’ shipment volumes remained low for a second month.The divergence in import volumes triggered a surge in Shell Pakistan’s share of the country’s base oils shipments in August to more than 70pc of the total, provisional customs data showed. The share was up from less than 10pc the previous month..Shell Pakistan operates a lube blending plant in Karachi and more than 740 retail sites throughout the country.Pakistan’s base oils imports rebounded to more than 25,000t in August, up from a 16-month low of less than 6,500t the previous month.The August volume was closer to typical monthly import levels over the past year, despite a slowdown in Pakistan’s lube demand in July and August..Pakistan's August base oils imports rise.The drop in demand was expected to continue in the face of slumping automobile sales and slowing economic growth as the country dealt with the aftermath of devastating floods.The rise in Shell Pakistan’s base oils imports in August boosted its share of the country’s shipments to more than 43pc of the total in the first eight months of the year. The share was up from less than 30pc of Pakistan’s total imports in 2021.Total PARCO Pakistan was the country’s second-largest base oils importer, with a share of more than 10pc of the total. It had imported no supplies in July. Its share of Pakistan’s total imports fell to less than 7pc in the first eight months of the year, down from more than 10pc in 2021.Chevron Pakistan Lubricants was the country’s third-largest importer in August. It had been the largest or second-largest importer in each of the previous five months.Its share of less than 6pc of the total fell from more than 65pc of the country’s import volume in July.The size of the fall in its shipments was relatively small in view of Pakistan’s lower import volumes in July.Pakistan’s three largest base oils importers accounted for more than 90pc of the country’s total imports in August. The share was up from more than 80pc in July and more than 75pc in May and June.The concentration of the country’s imports among a small number of companies contrasted with India. That country’s top five importers typically account for less than 50pc of its total monthly import volumes..Chevron Pakistan’s largest July base oils importer
Shell Pakistan was Pakistan’s largest base oils importer in August as its volume of shipments surged.Other major importers’ shipment volumes remained low for a second month.The divergence in import volumes triggered a surge in Shell Pakistan’s share of the country’s base oils shipments in August to more than 70pc of the total, provisional customs data showed. The share was up from less than 10pc the previous month..Shell Pakistan operates a lube blending plant in Karachi and more than 740 retail sites throughout the country.Pakistan’s base oils imports rebounded to more than 25,000t in August, up from a 16-month low of less than 6,500t the previous month.The August volume was closer to typical monthly import levels over the past year, despite a slowdown in Pakistan’s lube demand in July and August..Pakistan's August base oils imports rise.The drop in demand was expected to continue in the face of slumping automobile sales and slowing economic growth as the country dealt with the aftermath of devastating floods.The rise in Shell Pakistan’s base oils imports in August boosted its share of the country’s shipments to more than 43pc of the total in the first eight months of the year. The share was up from less than 30pc of Pakistan’s total imports in 2021.Total PARCO Pakistan was the country’s second-largest base oils importer, with a share of more than 10pc of the total. It had imported no supplies in July. Its share of Pakistan’s total imports fell to less than 7pc in the first eight months of the year, down from more than 10pc in 2021.Chevron Pakistan Lubricants was the country’s third-largest importer in August. It had been the largest or second-largest importer in each of the previous five months.Its share of less than 6pc of the total fell from more than 65pc of the country’s import volume in July.The size of the fall in its shipments was relatively small in view of Pakistan’s lower import volumes in July.Pakistan’s three largest base oils importers accounted for more than 90pc of the country’s total imports in August. The share was up from more than 80pc in July and more than 75pc in May and June.The concentration of the country’s imports among a small number of companies contrasted with India. That country’s top five importers typically account for less than 50pc of its total monthly import volumes..Chevron Pakistan’s largest July base oils importer
