Middle East Economic Survey

VOL. LIII

No 33

16-Aug-2010

OMAN

Increased Oil Production Boosts Oman First-Half Revenues

Recovering oil prices and strong growth in oil production has boosted Omans state revenues by 30.5% to OR4.22bn ($10.98bn) in the first six months of 2010, compared to the same period last year, according to new figures released by the Ministry of National Economy. Liquids production in the first half of the year was up 8.1% from the first six months in 2009, to 155.07mn barrels...