OMAN

 

Oman-BP Tight Gas Deal Expected By End-2013

 

BP is set to ink a $20bn-plus deal to develop the 1bn cfd Khazzan tight gas project. But start-up is delayed to “inshallah” mid-2017, an Omani official acknowledges.

 

After a long and highly anticipated wait, Oman and BP appear just weeks away from reaching a final deal on the Khazzan tight gas project on Block 61, which could go a long way to easing the country’s burgeoning gas shortage. Talks had...