The Sultanate has steadily maintained oil output at just shy of 1mn b/d in recent years. But the real story is Oman's gas renaissance. Oman LNG is operating near its 10.5mn t/y capacity on the back of BP's Khazzan start up. And new projects are on the horizon.
Crude Output | 752 | mn b/d |
Condensate Output | 219 | mn b/d |
Oil Rig Count | 38 | - |
Gas Rig Count | 5 | - |
GDP Growth | 3.5 | % |
24 Feb, 2023
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Oman’s record 2022 export earnings were largely thanks to soaring oil and gas prices. But ramp-up of the new Liwa petchems plant was also a key factor.
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