Monday, March 4, 2013

Oman aims to hike oil output in 2013


A top Omani oil official said yesterday the sultanate aims to increase oil production to 939,500 barrels per day this year and also raise gas output.

The sultanate “will increase its daily production of oil to 939,500 barrels per day, and gas to 107 million cubic meters (3.8 trillion cubic feet), thanks to enhanced extraction of oil and the development of several fields,” said Oil Ministry Undersecretary Nasser Al-Jishmi.

He said average daily production of oil and condensates rose 4 percent last year percent to reach 918,500 bpd.
Read more: http://www.arabnews.com/economy/oman-aims-hike-oil-output-2013

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