Oman is not planning to sell interests in natural gas fields, noted a statement issued by the Omani Ministry of Energy.

The statement quoted Saleh Al Anboori, Director General of Exploration and Production of Oil & Gas, Omani Ministry of Energy and Minerals,  as denying the circulating rumours about Oman’s mulling selling natural gas assets valued at $8 billion to boost the state finances and investments. The rumours are based on a Bloomberg report on Friday.

He elaborated that “the Ministry is actively pursuing significant development projects in gas fields, in full compliance with international standards of sustainability and financing, noting that this endeavour is underpinned by a solid financial base and carefully considered investment strategies that support the ambitions of the next phase.”

This statement came during the Oman Petroleum & Energy Show (OPES) and the Oman Sustainability Week (OSW) 2025.

Al Anboori explained that “the Ministry’s priority is to enhance operational effectiveness and to draw in global technical and investment proficiency through prudent collaborations centred on the transfer of knowledge and the maximization of value creation within Oman, without compromising the ownership or sovereign rights over strategic national resources.”

He affirmed the Ministry’s full commitment to the principles of transparency and accountability, and continues to engage in coordination with all local and international stakeholders.