Standard grade petrol production in Oman falls 34%

Business Monday 09/November/2020 16:43 PM
By: ONA
Standard grade petrol production in Oman falls 34%

Muscat: The Sultanate recorded a fall in the production of standard grade petrol (M-91) by Omani refineries at the end of September 2020 by 34 per cent, with the output falling to 7.05 million barrels compared to 10.63 million barrels produced in 2019.

The output of super grade petrol (M-95) reached 9.32 million barrels at the end of September 2020, according to data released by the National Centre for Statistics and Information (NCSI).

Gas oil (diesel) output rose 19 per cent to 25.28 million barrels while aviation fuel production fell by 48 per cent to 5.88 million barrels at the end of September 2020 over the same period of 2019. Production of liquefied petroleum gas (LPG) dropped 22 per cent to 4.53 million barrels during the period under review.

Of the total production of M-91 grade petrol (which is the cheapest petrol available in the market), 5.80 million barrels were sold in the domestic market.

Domestic sales of M-95 grade petrol reached 8.22 million barrels while the sale of gas oil (diesel) within the country was at 10 million barrels during the first nine months of 2020. Domestic sales of aviation fuel oil declined by 62 per cent, whereas that of LPG rose 5 per cent at the end of September 2020.

As far as petrochemicals are concerned, production of polypropylene by Orpic at the end of September 2020 was 167,100 metric tonnes while the output of paraxylene and benzene was 450,700 metric tonnes and 140,200 metric tonnes, respectively.

Further, Omani refineries exported 139,100 metric tonnes of benzene at the end of September 2020 while exports of paraxylene and polypropylene stood at 452,000 metric tonnes and 123,800 metric tonnes, respectively.