Oman oil output to hit 915,000 barrels a day in 2012

23 October 2012

Sultanate on way to hitting 1 million b/d target by the end of 2013

Oman is expected have an average daily crude oil production of 915,000 barrels a day (b/d) in 2012, according to the sultanate’s oil minister.

Mohammed al-Romhi said Oman was on target to hit 1 million b/d by the end of 2013 when the Mukhaizna oil field will hit a daily production of 150,000 b/d. Oman currently exports about 750,000 b/d of crude oil.

MEED reported in October that Oman’s oil and gas sector is expected to benefit from more than $50bn of investment over the next 10 years as the sultanate aims to maintain crude output levels and boost gas production.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications