Oman’s petrol production fell 13% in January

Business Saturday 20/February/2016 18:58 PM
By: Times News Service
Oman’s petrol production fell 13% in January

Muscat: Oman’s petrol production fell by 12.9 per cent to 6.07 million barrels in January this year, compared to the same period last year, according to the latest data released by the National Centre for Statistics and Information .
The Sultanate produced 389,700 barrels of regular (90) petrol in January, logging a significant 74.3 per cent rise over the output in the same month last year, which stood at 223,500 bbl (oil barrels). At the same time, super (95) petrol production plummeted 17.5 per cent to 1.46 million bbl from 1.77 million bbl in 2015.
Last year’s aggregate output by Oman Oil Refineries and Petroleum Industries Company (Orpic) of regular and super petrol stood at 2.02 million bbl and 23.34 million bbl respectively. Regular petrol accounted for just 2 per cent of Orpic’s total petroleum products output, while super petrol had a share of 28 per cent.
Meanwhile, there was a marked increase of 11.3 per cent in the production of jet fuel (aviation fuel) in January, which surged to 436,400 bbl from 392,100 bbl in the same month last year.
Gas oil output too recorded a fall of 8.3 per cent to 1.62 million bbl compared to 1.77 million bbl last year. Fuel oil fell 81.4 per cent to hit 29,000 bbl from 156,000 bbl last year; while LPG (liquefied petroleum gas) output declined 46 per cent to 152,300 bbl as against 282,300 bbl produced in January 2015.
The long residual declined 13.2 per cent to 1.5 million bbl from 1.72 million bbl, while Propylene production recorded a steep fall of 90.1 per cent at 19,800 bbl as against 201,000 in 2015.
In contrast, the Sultanate's improved its SR Naphtha output by 31.3 per cent to reach 419,600 bbl from 319,500 bbl in January 2015. Other products showed a fall in output of 73.1% during the month to stand at 31,7 00 barrels, compared to 117,900 in the same period in 2015.