Oman Production of M-91 Automobile Fuel and LPG Increase Significantly by May 2023

Muscat: The Sultanate of Oman production of refineries and petrochemicals recorded an increase by 19.1% till the end of May 2023 compared to the corresponding period in 2022.

Products of liquefied petroleum gas (LPG) and M-91 automobile fuel lead the increase by recording a surge of 1212.3% and 232.1%, respectively, according to preliminary data issued by the National Centre for Statistics and Information (NCSI).

Exports of M-95 automobile fuel until the end of May 2023 declined by 91.8% compared to the same period of 2022 to stand at 226,400 barrels, while Gas oil (diesel) exports went up by 50% to reach 8,912,200 barrels. Aviation fuel oil also increased by 57.6% to reach 2,540,200 barrels.

Production of standard grade petrol (M-91) stood at 7,046,300 barrels comprising a rise by 46.6% till the end of May 2023. Sales of M-91 reached 5,843,100 barrels. Production of M-95 automobile fuel dropped by 29.6% to stand at 4,815,600 barrels. Sales of M-95 also went down to stand at 4,831,000 barrels.

Meanwhile, gas oil (diesel) output increased by 22.5% to 14,566,700 barrels. Sales of diesel stood at 5,799,000 barrels.

Aviation fuel oil production recorded a rise by 57.6% to 4,193,600 barrels. Its sales stood at 1,678,500 barrels.

Moreover, production of Liquefied Petroleum Gas (LPG) increased by 43% to 3,433,300 barrels.

As far as petrochemicals are concerned, benzene production increased by 270.6% to reach 63,000 metric tons. Output of paraxylene stood at 211,800 metric tons, constituting a surge 1168.3%.

Production of polypropylene went up by 28% to stand at 111,200 metric tons.

Further, exports of paraxylene reached 210,200 metric tons and exports of polypropylene went up by 41.3% to record 102,900 metric tons. Exports of benzene reached 66,900 metric tons. – ONA