Gas supply growth and a rare fall in demand from the power sector combined to ease the feedstock pressure on Oman LNG. Production and exports of LNG rose, but price falls meant it wasn’t enough to prevent LNG revenues falling to a 12 year low.

Oman LNG production rose to a three year high of 8.5mn tons in 2016, but this wasn’t enough to prevent a third consecutive slide in annual revenues to just $1.9bn. Oman LNG’s 2016 Annual Report highlights the extent to which falling...