Crude Output Hits Record Ahead Of Refining Expansion

Oman has been working to expand oil and condensate production in recent years, with the result that in July total output exceeded 1mn b/d for the first time ever. Shell-led Petroleum Development Oman (PDO) is by far the country’s main producer, averaging 943,000 b/d of oil and condensates output in 2014.

With state-owned refiner Orpic’s two refineries having combined capacity of 222,000 b/d, the bulk of Oman’s...