Sunday 7 July 2013

Oman LNG revenue soars to $4.3 billion | Oman Observer

"Revenues generated by Oman LNG on exports of liquefied natural gas (LNG) climbed to a record $4.342 billion last year, buoyed by higher average energy prices and effective cost management, the Sultanate’s flagship LNG producer said in its Annual Report.
The figure represents a 9.56 per cent jump over the previous year’s earnings, underscoring the important role of LNG exports as a key revenue earner for the country against a backdrop of buoyant international energy prices. Net income after tax (NIAT) also grew by a healthy 9.42 per cent to reach a value of $1.950 billion for the year."

'via Blog this'

No comments:

Post a Comment