Oil

Oman is the largest oil and natural gas producer in the Middle East that is not a member of the Organization of Petroleum Exporting Countries (OPEC). 

Gas

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.

Oil & Gas

The hydrocarbons sector remains the government’s largest source of revenue.

Petroleum Development Oman holds most of Oman's oil reserves and is responsible for more than 70% of its crude oil production. Occidental Petroleum has the largest presence of any foreign firm and is Oman's largest independent in Oman include Shell, Total, Partex, BP, CNPC, KoGas and Repsol. By the end of 2013, there were exploration and production activities in all 31 of Oman's exploration blocks.

 

PDO

is responsible for more than 70% of Oman’s crude oil production.

Crude Oil Exports 2014

LNG Exports 2014