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Oman’s natural gas output and import up 5.5 per cent

Industry

Oman’s import and output of natural gas together rose by 5.5 per cent to 12.4bn cu/m in the first four months of 2015, from 11.7bn cu/m for the same period last year

Figures released by the National Centre for Statistics and Information revealed that the sultanate’s production of non-associated gas surged by 7.6 per cent to 10.2bn cu/m, while associated gas output dropped by 3.1 per cent to 2.3mn cu/m.

The total oil and condensates production also grew 1.53 per cent to 30.22mn barrels in May 2015 compared to the previous month. The average daily production stood at around 974,990 barrels, according to the monthly report released by Oman’s Ministry of Oil and Gas.

The total crude oil exports last month increased by 3.73 per cent compared to the preceding month and reached 25.41mn barrels, registering a daily growth of 819,587 barrels. Asian markets were the largest importers of Oman Crude.

According to Times of Oman, mega industrial projects consumed around 7.26bn cu/m during the January-April period. Furthermore, the country’s oilfields, which use natural gas as either fuel or for re-injection, consumed 2.6bn cu/m in the four-month period.

Power producers, small-scale industries and liquefied natural gas plants are considered to be the other top consumers of natural gas.

Oman’s output of natural gas is forecasted to rise by 15mn cu/m per day to 120mn cu/m per day.

In 2014, the nation had produced and imported a total of 37.6bn cu/m of natural gas, according to government statistics.