Wednesday, 29 Mar 2023
41% rise in standard grade petrol production

41% rise in normal grade petrol production

However, the output of super grade petrol (M95) declined by 19 per cent to 10.99mn barrels in the course of the January-November period of this year, according to information released by the National Centre for Statistics and Information (NCSI).

The surge in production of normal grade petrol more than super grade was supported by a substantial development in demand.

The sultanate has two refineries – Mina al Fahal (Muscat) and Sohar Refinery, which are owned by Oman Oil Refineries and Petroleum Industries Company (Orpic).

The NCSI report also showed that gas oil (diesel) output rose by 22 per cent to 27.57mn barrels although aviation fuel production jumped by 89 per cent to 12.22mn barrels in the course of the 11-month period of 2018, more than the exact same period of final year.

Production of liquefied petroleum gas (LPG) touched six.36mn barrels in the course of the period below assessment.

Of the total production of M91 grade petrol (which is the least expensive petrol accessible in the industry), 10.95mn barrels have been sold in the domestic industry.

However, domestic sales of M95 grade petrol stood at 26 per cent reduce at 10.47mn barrels although sales of gas oil (diesel) inside the nation stood steady at 14.48mn barrels in the course of the January-November period of 2018. Domestic sales of aviation fuel fell by 3 per cent to attain at four.30mn barrels although LPG sales inside the nation rose 11 per cent to two.33mn barrels the in the course of January-November period of 2018.

As far as petrochemicals are concerned, production of polypropylene by Orpic for the very first 11 months of 2018 fell by six per cent to 230,000 tonnes although output of paraxylene and benzene rose by six per cent and 1 per cent to 629,000 tonnes and 221,000 tonnes, respectively.

Further, Omani refineries exported 213,000 tonnes of benzene in the course of the very first 11 months of 2018 although exports of paraxylene and polypropylene stood at 599,000 tonnes and 184,000 tonnes, respectively.

Information Source: Muscat Daily

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