VOL. XXXVI

NO. 5

2-NOVEMBER-1992

OMAN

Oman's Proved Oil Reserves Estimated at 4.5bn Barrels

The Omani Ministry of Petroleum and Minerals has announced that Oman's provedoil reserves have now been revised from the 1991 estimate of 4.3bn barrels to4.5bn barrels as a result of new oil discoveries, especially in the areasoperated by Petroleum Development Oman (PDO). The Ministry's statement alsonoted that the reserve figure is expected to reach 5bn barrels by the end of theyear. Oman's crude oil...