Middle East Economic Survey

VOL. LI

No 16

21-April-2008

Oman Becomes First Frontier In Gulf Battle For Difficult Oil And Gas

By Melanie Lovatt in Muscat

Confronted with declining crude production and a growing shortage of natural gas, Oman is campaigning to increase output. This fight, which includes use of new technologies to exploit reserves of high geological complexity, while at the same time trying to keep a lid on costs, will be closely monitored by Omans Gulf neighbors, which are starting to...