Oman Records 166% Rise in Petrol Production

Oman Records 166% Rise in Petrol Production

Oman recorded a 166% year-on-year increase in the production of regular petrol 90 and super petrol 95 during the first two months of 2016, according to the latest data released by the National Center for Statistics and Information (NCSI), Times of Oman informed.

Output of regular petrol 90 has surged to 1.03m barrels compared to 388,100 barrels produced last year, while super petrol 95 output logged a 2.1% growth over the period to touch 3.43m barrels in comparison with 3.36m barrels in 2015.

Last year, the aggregate output by Oman Oil Refineries & Petroleum Industries Company (Orpic) of regular and super petrol stood at 2.02m barrels and 23.34m barrels, respectively. In 2015, regular petrol accounted for only 2% of Orpic’s total petroleum products output, while super petrol had a share of 28%.

Additionally, the first two months of 2016 registered an increase in the output of petroleum products – petrol, jet fuel, oils, LPG, propylene, naphtha, long residual and others – compared to last year, with production rising to 13.90m barrels compared to 12.32m barrels achieved in 2015.

According to earlier reports by Oil&Gas Journal, Oman saw a surge in crude oil production by almost 1% and crude export increase by nearly 13% in the first two months of 2016.

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