Oman Sees Decline in Production of Refineries, Petroleum Industries
05.15.2022 By Ricardo Perez - NEWS

May 15, 2022 [Zawya] – The decrease is attributed mainly to the transfer of the outline to the Sohar 2 Refinery since February 2022

 

The Sultanate of Oman’s refineries and petroleum industries’ production declined by 25% by the end of March 2022 compared to March 2021, according to the latest data issued by the National Centre for Statistics and Information (NCSI).

The decrease is attributed mainly to the transfer of the outline to the Sohar 2 Refinery since February 2022.

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

The production of (M-95) automobile fuel stood at 2,855,400 barrels, comprising a decrease by 34.3% compared to the same period in 2021 when it stood at 4,347,700 barrels. Sales of (M-95) fuel also declined by 12.3% to reach 2,946,800 barrels. Its exports also declined by 18.6% to reach 834,300 barrels by the end of March 2021.

Pro Trial: Access 10,390 Tank Terminal and Production Facilities

10,390 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More