As with the other GCC oil exporters, low crude prices have taken a toll on Oman’s government coffers. Nominal GDP fell from OR31.5bn ($81.8bn) in 2014 to just OR25.5bn ($66.3bn) last year.
But things have started looking up in recent months, with higher oil prices and BP starting up its key Khazzan gas project in September. (CONTINUED - 1274 WORDS)
