Urea production likely to rise to 5.8m tonnes

Dawn | Jul 1, 2020 at 9:02 AM
  • The government is expecting to save more than Rs19 billion in subsidies by precluding urea import and suspension of supply of Re-gasified Liquefied Natural Gas (RLNG) to the two plants this fiscal year because of the increased indigenous gas-based output of the nutrient.
  • The size of subsidy on 101,000 tonnes imported fertiliser is estimated to be close to Rs2.5bn and on the supply of imported RLNG for manufacturing 767,000 tonnes urea to be around Rs17bn.
  • Besides the projected increased urea production, the industry also had an opening inventory of 550,000 tonnes at the start of the financial year on July 1.