Oman aims to raise its gas output to an average of 120mn cubic metres per day over the five-year period from 2014 through 2018
Salim Al Aufi, undersecretary for oil and gas in Oman, said that the country expects to see a significant increase in its natural gas output over the next five years.
In 2013, gas production rose to an average of 102mn cubic metres a day, up 3.7 per cent from the previous year.
Oman’s gas exports have been constrained over the last few years as it has struggled to raise production quickly enough to keep pace with its own demand growth, Reuters reported.
Officials reportedly hope that the planned start-up of BP’s Khazzan tight gas project in 2017 will provide a big boost to supplies, with the project expected to add about 28mn cubic metres per day to the gas output by 2018.
“Crude oil and condensate production is expected to average 950,000-960,000 bpd over the five-year period,” Aufi said.
The non-OPEC oil producer averaged 942,000 bpd in 2013, up 2.5 per cent from 2012.
