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Oman has been working to expand oil and condensate production in recent years, with the result that in July total output exceeded 1mn b/d for the first time ever. Shell-led Petroleum Development Oman (PDO) is by far the country’s main producer, averaging 943,000 b/d of oil and condensates output in 2014.
With state-owned refiner Orpic’s two refineries having combined capacity of 222,000 b/d, the bulk of Oman’s liquids output is available for export. Crude intake at the Sohar and Mina al-Fahal refineries averaged 191,000 b/d in 2014, while crude and condensate exports averaged 800,000 b/d.
Output from the two refineries amounted to 225,000 b/d on average in 2014, compared with domestic products demand of 159,000 b/d, according to JODI. Oman exported an average 25,000 b/d of products last year, with fuel oil and LPG being the main exports, averaging 8,000 b/d and 7,000 b/d, respectively. (CONTINUED - 170 WORDS)