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Article: OMAN - Part 3 - Oil Exports.
- Article from:
- APS Review Oil Market Trends
- Article date:
- February 11, 2008
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Oman's exports of crude oil, condensates and refined petroleum products in 2008 are expected to average about 665,000 b/d, down from 695,000 b/d in early 2006 and about 845,000 b/d in 2000. The main concessionaire, state-controlled Petroleum Development Oman (PDO), is hoping that its crude oil production would rise to 800,000 b/d by 2009 and to stay at that level for several years. Oman's exports of crude oil and condensate will average 528,000 b/d. Exports of refined products would average about 137,000 b/d.
The value of Oman's oil exports this year will be way above the 2000 level in view of high oil prices. Oman, with an economy more than 85% dependent on ...