Gas and diesel refinery output in Papua New Guinea: Growth in June 2018

The variable increased by 7.88 percent in comparison to the prior month, according to updated statistics released by JODI Data. Gas and diesel oil production rose from 231.37 thousand barrels to 249.6 thousand barrels, in contrast to the previous month when it went down by 18.42%. When considering 2017, it can be observed that the indicator was going up by 0.66% and attained 332.73 thousand barrels in June. Between June 2017 and the same month the year after, the data reveal a -24.98% shift. The overall changes for the prior 11 years hit a diminution of 0.66%. Furthermore, the gas and diesel oil production is now below average of 259.92 thousand barrels with a overall increase since the 2007. It reached its all-time high of 436.33 thousand barrels in March 2017 and record low of 50.04 thousand barrels in October 2014.