What are the central issues that need addressing to create a sustainable downstream support chain for Oman’s oil and gas industry?
What are the central issues that need addressing to create a sustainable downstream support chain for Oman’s oil and gas industry?
A regional leader in the liberalisation and privatisation of its power and water utilities, Oman promotes 100% non-government ownership of generation assets. Its independent power, water, and water and power plants (IPPs, IWPs and IWPPs) are models for private investment and have brought in foreign players with the technology and capital to...
Substantial investments are being made in Oman’s midstream and downstream oil industries as it looks to meet rising demand, boost its value-added petrochemicals industry and strengthen its position as an international energy transit centre.
Electricity use, driven by a growing population and a diversifying economy, is expected to grow by almost 10% annually for the rest of the decade. Peak demand in summer is around twice that of winter, meaning that quite a lot of capacity idles for part of the year while surges in usage cause shortages at other times. The outlook suggests...
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