Energy, Oil & Gas

Oman refinery output falls 6.8pc in first five months of 2026

MUSCAT
Oman refinery output falls 6.8pc in first five months of 2026

Oman’s refinery products output declined by 6.8 per cent in the first five months of 2026, reaching 89.916 million barrels compared with 96.522 million barrels during the same period in 2025, according to preliminary data from the National Centre for Statistics and Information (NCSI).

The decline was driven by lower production across several key fuel categories, including motor gasoline, diesel, liquefied petroleum gas (LPG) and other refinery products.

Regular motor gasoline (M91) production fell 7.8 per cent to 6.814 million barrels, while sales dropped 22.9 per cent to 6.478 million barrels.

However, M91 exports increased 21.7 per cent to 1.883 million barrels. Premium motor gasoline (M95) output declined 2.4 per cent to 5.493 million barrels, with sales and exports falling 20.1 per cent and 32.8 per cent, respectively.

Diesel production decreased 8.1 per cent to 29.925 million barrels, while sales dropped 11.8 per cent and exports declined 11.1 per cent compared with the previous year. In contrast, jet fuel production rose 5.5 per cent to 11.727 million barrels.

Although domestic jet fuel sales decreased 20.6 per cent, exports increased 20.2 per cent to 9.706 million barrels, reflecting stronger international demand.

LPG output fell 5.8 per cent to 4.530 million barrels, while sales declined 21 per cent.

Naphtha production recorded modest growth of 2.2 per cent to 15.603 million barrels, with sales rising 7.6 per cent, although exports fell 8.1 per cent.

Other refinery products experienced a sharper decline, with production down 19.8 per cent and sales decreasing 32.4 per cent, despite a 4 per cent increase in exports.

Meanwhile, Oman’s petrochemical sector showed mixed results.

Benzene production increased 11.9 per cent to 83,100 metric tonnes, while exports rose 10.8 per cent. Paraxylene production also grew to 272,000 metric tonnes, with exports increasing 8.8 per cent.

Polypropylene production declined significantly by 27.1 per cent to 100,800 metric tonnes.

However, sales rose 15.3 per cent, while exports fell 29.8 per cent compared with the first five months of 2025.

The data highlights a mixed performance across Oman’s refining and petrochemical industries, with weaker domestic fuel activity offset by stronger export performance in selected products. -OGN/TradeArabia News Service