Oman’s Oil Exports Reach 178.9 mmbbl by end of July 2023

Oman’s Oil Exports Reach 178.9 mmbbl by end of July 2023

Data released by the National Centre for Statistics and Information (NCSI)showed that the total amount of exported oil recorded 178,956,300 barrels at the end of July 2023.

It elaborated that the oil production reached 223,544,500 barrels. 

It added that the total crude oil production decreased by 1.5% to 174,642,500 barrels. While the total condensate production rose by 6.6% to 48,902,100 barrels.

The total quantities of Oman’s crude oil exported as of the end of July 2023 stood at 178,956,300 barrels. The average oil price is calculated at $80.5 per barrel. Oil production hit 223,544,500 barrels.

According to the data, the average daily oil production hit 1,054,500 barrels as of the end of July 2023.

China topped the list of countries importing Oman’s crude oil with 163,167,900 barrels, followed by Japan with 5,845,400 barrels, India with 2,716,200 barrels, followed by Korea with 1,951,600. Crude oil exports to other countries stood at 5,275,100 barrels, Times of Oman reported  

Regarding natural gas, it’s total  local production and imports stood at 30,914.5 million cubic metres (mmcm) at the end of July 2023, increasing by 1.4 % compared to  30,485.4 mmcm reported during the same period in 2022. 

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