Middle East Economic Survey


No 50



Oman Estimates 2005 Crude Production At 750,000 B/D, PDO At 635,000 B/D

Omans crude production (including some 65,000 b/d of condensates) is expected to average 750,000 b/d in 2005, down 4.1% on the figure for the first nine months of 2004 (782,300 b/d), the countrys National Economy Minister Ahmad Makki said in remarks published in the Times of Oman on 5 December. Production averaged 898,000 b/d during 2002 and 819,000 b/d during...