VOL. XXXVII

NO. 33

16-MAY-1994

Oman

Oman Encourages Westward Crude Sales Provided Government Take Does NotSuffer

Oman is prepared to encourage efforts by foreign equity partners in PetroleumDevelopment Oman (PDO) - among which Shell is the leading participant - todiversify crude oil sales to westward destinations, provided that this does notresult in any erosion of the government financial take, a senior Omani oilofficial told MEES last week. Traditionally, the vast bulk (around 95%) ofOmani oil...