OMAN

Oman Warns Of ‘Unsustainable’ Products Demand Growth

Domestic petroleum products demand growth is unsustainable at current levels, undersecretary to Oman’s Ministry of Oil and Gas (MOG) Salim al-Oufi has said, warning that a continuation of current demand trends could see the country consuming virtually all of its domestic oil output by 2030. 

Consumption of gasoline, diesel, LPG, naphtha and jet fuel is currently growing by up to 15% annually, the...