Automobile fuel production jumps by 57.4% in Oman

Business Saturday 16/March/2024 16:04 PM
Automobile fuel production jumps by 57.4% in Oman

Muscat: The production of automobile fuel by refineries and petroleum industries in the Sultanate of Oman increased by 57.4 percent by the end of January 2024 compared to the same month in 2023, according to preliminary statistics issued by the National Centre for Statistics and Information (NCSI).

Statistics indicate that the production of standard-grade petrol (M-91) by Oman refineries decreased by 17.9 percent at the end of January 2024. The output of super grade petrol (M-95) increased by 12.7 percent. The production of M-91 fuel reached about 1.18 million barrels, while its sales amounted to 1.17 million. The production of M-95 automobile fuel reached about 951,100 barrels with sales reaching 993,000 barrels.

The production of diesel (gas oil) decreased by 26.1 percent, reaching 2.10 million barrels with its sales reaching 1.13 million barrels. Aviation fuel production also increased by 39.7 percent reaching 1.77 million barrels while its sales reached 383,000 barrels. The production of liquefied petroleum gas (LPG) reached 672,800 barrels, while its sales reached 808,000 barrels.

With regard to petrochemicals, statistics showed that gasoline production increased by 17.6 percent, reaching 13,500 metric tonnes, while the production of paraxylene reached 55,300 metric tonnes, rising by 56.5 percent. Polypropylene production decreased by 16.4 percent, reaching 18,600 metric tonnes, but its sales increased by 64.8 percent.

The Sultanate of Oman’s exports of M-91 fuel increased by 14.6 percent to reach 227,300 barrels, while there were no exports of M-95 fuel until the end of January. Exports of diesel amounted to 709,400 barrels, aviation fuel to 707,400 barrels, while exports of LPG amounted to 102,200 barrels.

Paraxylene exports amounted to 60,400 metric tonnes, gasoline exports amounted to 6,600 metric tonnes, and polypropylene exports amounted to 9,900 metric tonnes.