The Sultanate has steadily maintained oil output at just shy of 1mn b/d in recent years. But the real story is Oman's gas renaissance. Oman LNG is operating near its 10.5mn t/y capacity on the back of BP's Khazzan start up. And new projects are on the horizon.
| Crude Output | 752 | mn b/d |
| Condensate Output | 219 | mn b/d |
| Oil Rig Count | 38 | - |
| Gas Rig Count | 5 | - |
| GDP Growth | 3.5 | % |
6 Dec, 2024
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Oman says it plans to tender for 2.4GW of new gas-fired capacity in 2025. It is also pursuing around 3GW of new renewable capacity, this week releasing a new RFP.
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