Soaring gas output has transformed Oman’s energy sector in recent years. Output has risen every year for nearly a decade reaching an all-time high of 52bcm last year, and with growth attracting increased investment from international energy majors, the upwards trajectory looks set to continue.
Driven by BP’s 2017 start-up of the massive 1.5bn cfd Khazzan/Ghazeer tight gas development on Block 61, international firms are seeking to unlock Oman’s upstream gas potential. This ramp up of upstream gas output has created what former oil minister al-Rumhy called a “nice problem” of more gas supply than demand (MEES, 7 September 2018). (CONTINUED - 1837 WORDS)
