Middle East Economic Survey


No 4



Oman Faces Further Crude Oil Production Woes

Soaring costs, rising geological complexity and a shortage of skilled manpower are undermining Omani plans to boost crude oil output capacity. And a looming shortage of natural gas means that if the country fails to find new sources of supply, it will be forced to make difficult choices either it can use gas to fuel industrial growth or it can supply the growing demands of the gas-intensive...