Saturday 14 July 2012

The Times of Oman: Oman's crude production declines

Monthly report released by the Oil and Gas Ministry pointed out that the Sultanate's crude oil and condensates production in June 2012 declined by 4.1 per cent to reach 27,700,176 barrels compared to 28,890,608 barrels during May 2012.

The report added that the average daily production of the Sultanate's oil and condensates amounted to 923,339 barrels in June 2012 compared to 931,955 barrels, constituting a 0.92 per cent decline.

The total exported crude oil in June 2012 amounted to 23,324,489 barrels, an average of 777,483 barrels per day (bpd) compared to 22,065,149 barrels or 711,779bpd in average.

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