End In Sight For Oman, BP Tight Gas Negotiations
Oman has said it expects to reach agreement with BP within weeks on the price it will pay the major for gas produced from development of the 15-20tcf Khazzan tight gas fields.
BP has long been in negotiations with the Omani government over the terms and conditions for the $15bn development of the Khazzan-Makarem tight gas fields on Oman’s Block 61. Thus far, the key sticking points have included...