Middle East Economic Survey


No 46


Regional Implications For BGs Renegotiated Gas Price In Oman

The Omani government has reopened talks with the UKs BG over the terms of a contract signed back in April 2006 for tight gas production in the sultanate. An agreement in principle has been reached that essentially corrects a number of elements in the original contract and most crucially revises upwards the gas price, MEES understands. This has regional implications for difficult gas...