Exports of crude oil and natural gas continue to play a central role in the sultanate’s economy. Oil exports grew in 2012 and 2013, boosting national revenues at an important time, with the country pulling out of an economic slowdown and preparing a wide-ranging infrastructure investment programme.
In what ways can Oman’s recent in-country value (ICV) plan support the development of exports?
One of the most open in the region to foreign investment and private ownership of assets, Oman’s utilities sector is expanding to meet growing demand for power and water. Independent water and power plants (IWPPs) and independent power plants (IPPs) are flourishing under the sultanate’s investor-friendly Sector Law, enjoying healthy profits from...
The nature of Oman’s geology and the locations of its proven crude oil reserves mean that the sultanate has had to become a pioneer in the area of enhanced oil recovery (EOR) technology. EOR includes a range of techniques for extracting oil from geologically difficult reservoirs. As Oman’s more easily accessible reserves deplete over the coming...
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...
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