Middle East Economic Survey

VOL. XLVIII

No 50

12-December-2005

OMAN

Oman Crude Production Down 1.5% In First Nine Months Of 2005

Oman produced 211.2mn barrels of oil in the first nine months of 2005, down 1.5% from the same period in 2004, according to the Ministry of National Economy. The Sultanates total exports of crude oil reached 195.4mn barrels, down 1% from the 197.4mn barrels exported in the corresponding period in 2004. The ministry said that the average price of Oman oil rose by 46.1% in...