Standard grade petrol production falls 30% in Oman

Business Monday 06/July/2020 16:50 PM
By: Times News Service
Standard grade petrol production falls 30% in Oman

Muscat: The Sultanate recorded a fall in the production of standard grade petrol (M-91) by Omani refineries at the end of May 2020 by 30 per cent, with the output falling to 4.40 billion barrels compared to 6.26 billion barrels produced in 2019.
The output of super grade petrol (M-95) reached 4.54 billion barrels at the end of May 2020, according to data released by the National Centre for Statistics and Information (NCSI).
Gas oil (diesel) output rose 19 per cent to 13.32 billion barrels while aviation fuel production fell by 32 per cent to 4.15 billion barrels at the end of May 2020 over the same period of 2019.
Production of liquefied petroleum gas (LPG) fell 17 per cent to 2.67 billion barrels during the period under review.
Of the total production of M-91 grade petrol (which is the cheapest petrol available in the market), 3.19 billion barrels were sold in the domestic market.
However, domestic sales of M-95 grade petrol remain unchanged while sales of gas oil (diesel) within the country were at 5.58 billion barrels during the first five months of 2020.
Domestic sales of aviation fuel oil dropped by 44 per cent whereas that of LPG rose 12 per cent at the end of May 2020.
As far as petrochemicals are concerned, production of polypropylene by Orpic at the end of May 2020 was 100,000 MT.