Less than two years ago Oman contemplated curbing LNG production to meet rising domestic consumption. With demand now stagnant and exports nearly maxed out, the Sultanate could struggle to develop new gas finds.

 

Oman is undergoing a gas revolution. The BP-operated Khazzan field on Block 61 (BP 60%, state Oman Oil Company 40%) started production in September 2017 and hit full Phase-1 output of 1bn cfd earlier this year. MEES estimates this will boost Omani gas output by 20% in 2018...