Oman is ranked the 26th largest dry natural gas producer in the world. The opening of
two LNG companies in 2000 and 2005 saw dry natural gas production grow more than
80% between 2004-13, increasing the sector’s economic importance. Oman’s agreement
with Iran to import 10 billion m3 of natural gas is expected to meet the feedstock needs
required for expansion and strengthen the Sultanate's industrial base.