17.1% growth in super 95 gasoline production | 17.1% growth in super 95 gasoline production -
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17.1% growth in super 95 gasoline production

: Sunday, June 15 - 2014 @ 11:44

A recently released ‘Refineries and Petroleum Industries’ report issued by the National Centre for Statistics and Information (NCSI) reveals a significant increase in the year-to-date production of Regular and Super grades of gasoline. Production of Regular 90 gasoline registered a year-on-year increase of 81.5% with 1.3 million barrels produced by the end of April 2014, while production of Super 95 gasoline grew by 17.1% with 6.6 million barrels produced to the end of April 2014 when compared with the same period in 2013.

According to the NCSI report, the production of Aviation fuel outputs increased by 25.9% with 1.6 million barrels produced by the end of April 2014 compared with 1.2 million barrels during the same period in 2013. Production of Gas oil registered 5.9 million barrels by the end of April 2014 compared with 3.6 million barrels during the same period in 2013, reflecting an increase of 64.2%.

Meanwhile, fuel oil production increased by 134% to 939,000 barrels by the end of April 2014 compared with 401,000 barrels produced during the same period in 2013. Liquefied petroleum gas production also registered a significant growth of 107.8% to 1.4 million barrels by the end of April 2014, compared with 690,000 barrels produced during the same period in 2013. Long residual recorded 6.7 million barrels at the end of April 2014, representing an increase of 2.2% when compared with 6.5 million barrels recorded during the same period in 2013.

The report also states that materials consumed increased from 20.65 million barrels) by the end of April 2013 to 28.01 million barrels by the end of April 2014, representing an increase of 35.6%.

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Sunday, June 15- 2014 @ 11:44 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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