Saudi Arabian petroleum exports dip
It is reported that Saudi Arabia petroleum export volumes fell almost 10% in the first nine months due to outgoing repairs of its oil facilities.
The National Oil and Gas Authority said in its latest statistic that exports for the first nine months of 2008 were down 725,000 tonnes or 9.39% to 6. 990 million tonnes when compared to the same period of 2007.
The statistic showed that petroleum exports comprised of five main products naphtha, gasoline, kerosene, diesel and fuel oil were shipped to Gulf Cooperation Council nations, and markets around the world. The volume of diesel shipments touched 2.279 million tonnes, amounting to 32.6% of the overall shipments exported, followed by fuel oil at 1.673 million tonnes. Kerosene, naphtha and gasoline exports were 1.238 million tonnes, 1.232 million tonnes and 567,000 tonnes respectively.