Rain and labour unrest were some of the factors that caused a marginal decline in state-run Petroleum Development Oman's (PDO) oil production, although the country's oil production increased by 2.3 per cent in 2011.
"The average oil production in 2011 was 884,900 bpd compared to 864,600 in 2010," Nasser Bin Khamis Al Jashmi, Oil and Gas Undersecretary, said at the annual media briefing held by PDO at the Oil and Gas Exhibition Centre in Qurum.
He attributed the increase to new discoveries. "The country's average gas production also increased last year to 95.1 million cubic metres per day compared to 91.1 million cubic metres in 2010, an increase of 4.4 per cent."
No comments:
Post a Comment