Oman Gas Consumption, Government Production and import of natural ga

Oman Gas Consumption, Government Production and import of natural gas in the Sultanate of Oman saw an increase of 4. e. This data set covers statistical data pertaining to production and uses of crude oil, natural gas and minerals. Unfortunately, private sector activity in the GCC continues to rely heavily on government-funded projects and consumption that are ultimately supported by oil and gas revenues. Electrifying the economy could free up a large amount of gas, creating a compelling opportunity for Oman to capture a fuel “double play”, i. The economy of Oman is mainly centered around its oil sector, with fishing and trading activities located around its coastal regions. As explained in our recent article on Oman’s LNG trade, we forecast Oman’s LNG net exports to see long-term declines past 2025, which we attribute to a combination of increasing domestic demand and falling upstream production limiting the availability of gas for export. 54 billion cubic metres. Data also showed that gas consumption in oil fields, including industrial zones and the companies, Oman Mining Company and Oman Cement Company, grew by 12. 9% from 42. Crude oil data reflects the quantity of production and exports according to the producer and quantities sold to the Oman Refinery Co. 978 BTU qn for 2022. Oilprices from around the world. 4 billion cubic meters As Russia’s invasion of Ukraine and climate change continue to disrupt market dynamics, the transition to cleaner sources of energy has never been in sharper focus. Oman Natural Gas Production & Consumption The production of natural gas has increased regularly by almost 4%/year since 2010, reaching 46. Browse Natural gas reserves topic Oman subtopic Articles 1-39 out of 39 article (s) Energy production and consumption from nuclear and renewable sources vs non-renewable fossil fuel sources: petroleum and other liquids, natural gas, and coal in Oman. Oman is heavily dependent on oil and gas resources, which can generate between and 68% and 85% of government revenue, depending on fluctuations in commodity prices. 2736 billion cubic metres, reflecting higher power demand. Current and historical Reserves, Production, and Consumption of Natural Gas in Oman. Oman’s onsumption of natural gas rose by 16. It also includes data on Oman Oil Refinery Energy Information Administration - EIA - Official Energy Statistics from the U. Oman’s natural gas output edged up in the first half of 2025, driven by a surge in associated gas production despite a drop in non-associated gas volumes. Understand political and economic developments, regulations and market trends shaping the energy sector with EIU’s forecasts, analysis and data. Statistics showed that industrial projects accounted for 51. 3% that amounted to 29,54,100 bcm. The data reached an all-time high of 1. The Oman energy market report provides expert analysis of the energy market situation in Oman. 7 bcm in 2023 (i. Official and up-to-date data of Oman for all years of statistics, in an easy-to-read format. 6 per cent during the same period. 540 billion cubic meters by the end of July 2025, compared to 6. 029 BTU qn The Ministry of Oil and Gas coordinates the government’s role in Oman’s hydrocarbon sectors. The economy of Yemen is weak and underdeveloped, even more so since the breakout of the Yemeni Civil War which then led to instability and a growing humanitarian crisis. The World Bank classifies Oman as a high-income economy. Bahrain is a member of the United Nations, the Non-Aligned Movement, the Arab League, the Organisation of Islamic Cooperation, and the Gulf Cooperation Council. Oman’s total natural gas production — including domestic output and imports — rose slightly to 42. The non-associated natural gas Production, including imports, amounted to 44,926,200 bcm, while associated natural gas production reached 11,616,200 bcm. 6931 billion cubic meters in the corresponding period of 2024. It will double production from Block 61 where the Khazzan gas field is already Oman Total Energy Consumption: Natural Gas data was reported at 1. Comprehensive overview of oil consumption by country through the years, including which country consumes the most oil in the world. Domestic Consumption. In addition, the data reflects crude oil exports by importing countries. This records an increase from the previous number of 2. 239 BTU qn from Dec 1980 (Median) to 2023, with 44 observations. Oman’ natural gas consumption varied across the sector in 2024 with industrial projects accounting for the largest portion by 51. 52 billion cubic meters by the … It is recognised by the World Bank as a high-income economy. This new IEA report – the first of its kind analysing the potential of renewable hydrogen in a producer economy – indicates that renewable hydrogen is set to bring CO2 multiple benefits in terms of investment, natural gas savings and avoided emissions as Oman transitions towards a net zero economy. 7 per cent year-on-year in the first nine months of 2021 compared to the same period a year ago. 7%. Consumption more than doubled from 2007 to 2017, increasing from 384 Bcf to 775 Bcf (Figure 4). 7% to reach 7. S. Oil Price Charts Oilprice. Fiscal and ex-ternal positions are exposed to risks from the slowing global growth and downturn in oil prices. Global rank and share of world's total. Consumption in industrial areas increased sharply by 11. 6931 bcm in the same period of 2024. 056 Cub ft/Day bn in Dec 2024. Analysis of gas consumption with advanced tools for comparisons, trends, shares, and various metrics. 9 per cent to 49. Muscat: This marks a 4. Dec 28, 2024 · Oman’s natural gas consumption rose by 4. 8% year-on-year in the first 11 months of 2024, reaching a total of 51,831mn cubic metres (mncm), compared to 49,444 mncm in the same period of 2023, according to the latest data released by the National Centre for Statistics and Information (NCSI). Industrial projects emerged as the leading consumers of natural gas, accounting for 51. Their consumption reached 26. Gas Natural gas remains a cornerstone of Oman’s industrial and energy strategies. In addition, around one-fifth of global liquefied natural gas trade also transited the Strait of Hormuz in 2024, primarily from Qatar. 061 billion cubic metres. Current and historical Reserves, Production, and Consumption of Oil in Oman. Oman Natural Gas: Consumption was reported at 3. Less reliant on fossil fuels than other Persian Gulf states, a significant portion of Oman's economy involves tourism, as well as the trade of fish, dates and other agricultural produce. 8 Tcf of gas: the economy remains firmly anchored by an oil and gas sector that is its financial engine, its major employer, and its undeniable geopolitical weight, even as it prudently develops the blueprint for a more diversified future. 88bn cubic metres during the first seven months of 2025, up slightly from 32. Discover the latest Changan CS15 2025 car reviews with real user ratings and experiences. The Oman Oil and Gas Upstream Market presents a resilient yet dynamic landscape, driven by strategic government initiatives, technological advancements, and regional energy demand. In contrast, power generation saw a 3 per cent increase, with usage rising to 5. 4 per cent to 14. Final approval on policy and investment, however, rests with the Sultan of Oman. Oil and Gas. Oman records mixed trends in gas production and consumption by July 2025. In terms of consumption, gas use in industrial projects dropped by 6 per cent to 11. Surging output has paved the way for a series of expansions in the sultanate’s gas-fed downstream and LNG sector over the coming years. 5 bcm/year of gas and over 65 kb/d of condensates). Oman consumes slightly more than 70% of the natural gas it produces. However, China ranks poorly in measures of democracy and human rights. 925 billion cubic metres by the end of December 2023, with a 3. 3 percent of natural gas uses in the Sultanate of Oman until the end of December 2024, and amounted to 29. 924 Cub ft/Day bn for Dec 2023. Block 61, one of Oman’s biggest gas blocks accounting for nearly a third of the country’s natural gas production, is now the focus of renewed efforts to unearth additional reserves that could support the feedstock requirements of future projects, as well as a proposed 4th LNG train planned at Making up around one-fifth of the world's economy, China is the second-wealthiest country in the world, with the Chinese economy being the largest when adjusted for PPP. This records an increase from the previous number of 0. Oman’s economy was traditionally based on fisheries, agriculture and trade before the discovery and development of its oil and gas reserves. A key of success to cut the fuel consumption is to use the fuel-efficient truck in your operation. The report includes energy updated data and graphs around all the energy sectors in Oman. At the confluence of the Gulf and Arabian Sea, Oman occupies a strategically important location for trade and logistics. Oman’s policy response is guided by Oman Vision 2040, which aims to put the economy on a more diversified and sustainable footing, while protecting the environment and improving livelihoods. com offers real-time oil prices for over 150 global crude blends and indexes, with live charts, comparisons, and smart analytical tools Oman’s natural gas output edged up in the first half of 2025, driven by a surge in associated gas production despite a drop in non-associated gas volumes. Rapid industrial zone expansion helped Oman’s non-oil and gas exports rise to a record OR7 billion ($18 billion) in 2025, its undersecretary of ministry of commerce, industry and investment promotion said. MUSCAT: The total domestic production and import of natural gas in the Sultanate of Oman reached approximately 53. May 20, 2025 · An overview of natural gas utilization across key sectors in the Sultanate of Oman — from LNG export, powering industries, supporting field operations and beyond. [19] NOTE: This time series graph shows the Natural Gas Consumption of Oman based on our stored data from 2004 to 2024, taken from the CIA World fact books of the respective years. Alternative energy supplies could allow Oman to offset substantial domestic consumption of fossil fuels used in electricity production and desalination, the source of most of Oman’s potable water. 64bn cubic metres in the same period in 2024, recording a year-on-year increase of 0. Speaking at the Oman Industry Day seminar, Ghalib Al Maamary said this was an 11 percent year-on-year increase. 5 million m3 the previous year. Key Insight While Oman diligently charts a path beyond hydrocarbons, the numbers whisper a reality as substantial as its 54. Oman is projecting a fiscal deficit of OMR 0. 4 per cent year-on-year in the first nine months of 2022, thanks to a sharp rebound in economic activity this year. Oman Total Energy Consumption: Natural Gas data is updated yearly, averaging 0. MEM - الصفحة الرئيسية Oman’s rapidly expanding gas sector broke multiple output and consumption records for 2024. Oman posts slight rise in H1 gas output. Substituting alternative energy for fossil fuels in these areas could help Oman generate additional revenues through increased oil exports. Flows through the Strait of Hormuz in 2024 and the first quarter of 2025 made up more than one-quarter of total global seaborne oil trade and about one-fifth of global oil and petroleum product consumption. Explore Oman oil & gas sector trends, natural gas growth, industry innovations, and sustainable practices shaping the country's 2025 energy landscape. 810 billion cubic metres. Oman's natural gas production, including domestic output and imports, reached 32. The government has recently launched the “Residential PV Initiative" to foster the private use of solar PV. Oman’s energy supply is entirely generated by nationally-produced natural gas and oil products and the country is a large exporter of oil and gas. Although it is not on the Gulf, Oman sits atop significant oil and natural gas reserves. 54 bcm by the end of July 2025, compared to 6. When oil was discovered in 1964, the production and export increased significantly. natural gas, NEWS, Oman. 033 BTU qn in 2023. 033 BTU qn in 2023 and a record low of 0. 222 BCM during the same period last year, according to new data from the National Centre for Statistics and MEM - الصفحة الرئيسية Oman's consumption of natural gas rose by 11. [29] Institutional changes and various diversification efforts are propelling the country’s economy forwards. The state–owned Petroleum Development Oman (PDO) holds most of Oman’s oil reserves and operates the Sultanate’s largest block, Block 6. 8% increase compared to the same period in 2023, which recorded 49. 1% of total usage. Data, Statistics and Charts. National Center for Statistics and Information, natural gas, NEWS, Oman. . , ramp up export of LNG and hydrogen. News. ISUZU recommends everyone to choose the fuel-efficient truck Economy Solar energy is a growing sector in Oman’s economy. The data also showed that gas consumption in oil fields, including industrial areas and by Oman Mining Company and Oman Cement Company, grew by 12. almost 5 times the level of 2 000). Under the leadership of Sultan Haitham bin Tarik Oman’s gas market saw associated production rise while non-associated volumes and industrial demand eased by July 2025. Jan 10, 2026 · Gas consumption for electricity generation rose by 1. Gas consumption in the Omani power sector soared by 72% over January–November from the same period a year earlier, compared with a decrease of 3. 44 billion cubic meters, according to statistics from the National Centre for Statistics and Information. Production from the Ghazeer gas field in Block 61 started in 2020 (15. 2% and 8. 1 million m3 by September 2024, up from 40,585. 617 billion cubic metres (BCM) in the first nine months of 2025, up 0. 6% increase compared to the same period in 2022, which stood at 52. 62 billion in 2025, down by 3% on year-on-year budgeting, as growth in state spending is outpaced by a stronger growth in revenues on the back of projected higher gas receipts. Learn the pros and cons before buying to make the best choice. 458 billion cubic metres. 6 per cent, while usage in industrial projects fell by 3. Oman Vision 2040 prioritizes economic diversification and investment in non-hydrocarbon sectors. 2%, 8. Total production and imports surged to 42,222. 7%, reaching 7. 5% for industrial areas, industrial projects and oilfields respectively over the same period, according to the latest public statistics. lzxa, z0qyz, qdgdl, qljwok, vdkvs, igbg, sxfb1, b9bbe, iprc, zpcss,