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Crude-Oil

Slight growth in Oman’s oil production

: Thursday, August 14 - 2014 @ 09:06

The Sultanate’s production of crude oil and oil condensates in July, 2014 reached 29,660,034 barrels, with an average daily production of 956,775 barrels per day; a slight growth compared to the average daily production in June, Times of Oman has reported. The gross crude oil exports in July 2014 reached 28,045,039 barrel, with an average daily export of 904,679; a growth by 14.03% compared to June 2014 when calculating the daily average, according to monthly statistics released by the Ministry of Oil and Gas. As usual, the Asian markets received the biggest portion of the Omani oil exports with China topping the list of the Oman oil importers. For the second successive month, Taiwan imports of Omani oil grew by about 20%. The Thai imports of the Omani crude oil continued to increase.

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Thursday, August 14- 2014 @ 9:06 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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