Production of Refineries, Petroleum Industries Grows 25.8 Percent in Feb 2018

Muscat, The total production of refineries and petroleum industries rose 25.8 percent as at the end of February 2018 compared to the output recorded during the same period of 2017, according to statistics released by the National Centre for Statistics and Information (NCSI).

The statistics showed that the production of regular grade petrol (Mogas 91) surged 52 percent to 1.850 million barrels at the end of February 2018 from the same period a year ago. Domestic sales of Mogas 91 rose 67 percent to 1.804 million barrels while exports reached 428,000 barrels.

On the contrary, production of Mogas 95 decreased by 27 percent to 1.985 million barrels, as the sales for this grade of petrol fell 35 percent to 1.687 million barrels.

Production of diesel increased 30 percent to 4.850 million barrels in February 2018, but its domestic sales fell 3 percent to 2.454 million barrels. Diesel exports increased by 41 percent to 1.656 million barrels compared to the same period last year.

Jet fuel production rose 113 percent to 1.934 million barrels in February 2018. Domestic sales of jet fuel increased by 2 percent to 808,000 barrels and its exports also increased 843 percent to 1.071 million barrels.

The Sultanate’s production of the liquefied petroleum gas (LPG) rose 51 percent to 944,000 barrels. Sales of LPG rose 13 percent to 463,000 barrels while its exports jumped 102 percent to 474,000 barrels.

As for petrochemicals, the petrol production decreased by 36 percent compared to the end of February 2017 to 24,000 metric ton (MT) while its exports decreased by 39 percent to 22,000 MT.

Paraxylene production declined by 19 percent to 83,000 MT, but its exports registered a decrease of 30 percent to 64,000 MT.

Polypropylene production grew 23 percent to 42,000 MT. Sales of polypropylene jumped by 197 percent to 10,000 MT and its exports also increased 21 percent to 35,000 MT.

Source: Oman News Agency