Middle East Economic Survey


No 13


Oman Sidesteps Gas Crunch As Liquids Output Rises

Economic slowdown, greater efficiencies and the welcome bonus of an expiring LNG sales contract are easing Omani fears of a looming gas shortage. This comes amid positive news on liquids output. Around 805,000 b/d of crude and condensate production is targeted for this year, Nasir al-Jashmi, Undersecretary of Omans Ministry of Oil and Gas tells MEES. This is up from 760,000 b/d in 2008. Gas...