Saudi Arabia Gasoline Imports Double in First Quarter, JODI Says

Saudi Arabia’s gasoline imports doubled in the first quarter as two of the kingdom’s refineries were shut for planned maintenance, according to the Joint Organization Data Initiative.

Saudi Arabia imported 81,000 barrels a day of gasoline in the first three months of the year, up from 40,000 barrels a year earlier, according to government data posted yesterday on the website of the group known as JODI. Shipments rose to 104,000 barrels a day in January, the highest level since July 2010, the data show.

Saudi Arabian Oil Co. completed maintenance at Ras Tanura, its largest refinery, in the middle of April, according to three people familiar with the matter. Its Riyadh facility was scheduled to halt in January.

JODI is overseen by the Riyadh-based International Energy Forum, an organization that promotes discussions between 86 producing and consuming nations on international energy security.

To contact the reporter on this story: Wael Mahdi in Khobar at wmahdi@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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