OMAN TO INCREASE GAS
Oman to increase gas production by 18%
Oman has announced that it expects to see a significant increase in its natural gas output over the next five years.
Oman will raise its gas output to around 120 million cubic metres per day between now and 2018, an increase of 17.63% from last year.
The country also expects to see a modest increase in its oil and condensate production which is expected to average around 950,000 barrels per day, an increase of 2% from last year’s figures.
Oman’s output is struggling to keep pace with increased domestic demand. The country’s Khazzan tight gas project is expected to dramatically increase production levels when it comes online in 2017, contributing an estimated 28 million cubic metres per day to Oman’s gas production figures.
|September, 22, 09:20:00|
|September, 22, 09:15:00|
|September, 22, 09:10:00|
|September, 22, 09:05:00|
|September, 22, 09:00:00|
|September, 22, 08:55:00|
Instead, with the planned referendum just days away, Russian state oil giant Rosneft announced its latest investment last week, to help Iraqi Kurdistan develop its natural gas industry, for domestic supplies and eventual export.
Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.
Gazprom Neft has shipped its second and largest cargo of Iraqi crude to the US since the Badra field, its flagship overseas oil project, came on stream in 2014, the Russian oil company said Tuesday.
Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years