Page 6 - PSE M1 BOOSTER
P. 6
WHY M1 BOOSTER?
The oil and gas sector in the country is one of the
eight core industries present and is a major
influence on the other sectors that contribute to
the economy. The annual growth rate in
the average price of crude oil was over twelve
percent in financial year 2018 compared with the
previous year. In volume terms, the oil imports
rose 5.80 per cent to 113 Million Tonne (MT).
