Oman Produce About 1mb/d of Oil

Oman Produce About 1mb/d of Oil

According to the monthly report published by the Omani Ministry of Oil and Gas, the sultanate’s total crude oil and condensates production during November 2016 stood at more than 30mb/d, averaging just over 1mb/d. This constitutes 0.11% increase when compared to the daily average production during October 2016, Zawya reported.

Furthermore, statistics released by the country’s National Center for Statistical Information (NCSI) showed that daily oil production rose 2.7% in the first 11 months of 2016 against 978,700b/d in the corresponding period of 2015, informed Hellenic Shipping News.

The total quantities of crude oil exported abroad during November 2016 stood at about 27.7m barrels, averaging 925,722b/d. This comprised a 5.26% rise when compared to daily export volumes in October 2016. Imported quantities by China represented 83.59% of total Omani exports, slight lower by 3.395% from October. The imported quantities of Taiwan and Japan also witnessed a slight decline and stood at 7.02% and 2.44% respectively. Meanwhile, the imported quantities by Malaysia and Korea stood at 5.14% and 1.80% respectively.


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