oil and gas

Production of refineries, petroleum industries declines 25%

May 10, 2022

Muscat – Production of Oman’s refineries and petroleum industries declined by 25 per cent by the end of March 2022 compared to March 2021, according to the latest data issued by the National Centre for Statistics and Information.

Production of standard grade petrol (M-91) by Omani refineries increased by 27.2 per cent at the end of March 2022 to 2,865,100 barrels, compared to the same period in 2021 when it was 2,252,100 barrels. Sale of M-91 stood at 2,912,300 barrels, while M-91 exports dropped by 0.7 per cent to reach 363,500 barrels.

The production of M-95 fuel stood at 2,855,400 barrels, accounting for a decrease by 34.3 per cent over the same period in 2021 when it stood at 4,347,700 barrels. Sale of M-95 fuel also declined by 12.3 per cent to 2,946,800 barrels. M-95 exports also declined by 18.6 per cent to 834,300 barrels by the end of March 2021.

Gas oil (diesel) output at the end of March 2022 fell by 36.9 per cent to 5,930,900 barrels. Sale of diesel stood at 3,287,200 barrels, constituting a rise of two per cent, while its exports declined by 55.8 per cent to 2,715,300 barrels.

Aviation fuel production fell by six per cent to 1,356,000 barrels compared to 2021 when production was 1,442,900 barrels. Sale of aviation fuel surged by 75.3 per cent to 587,100 barrels, while exports dropped by 17.3 per cent to 773,300 barrels.

muscatdaily

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