Oman sees $110bn investment in oil sector in 10 years - Emirates 24/7:
"Oman expects up to $110 billion to be injected into its hydrocarbon industry in the next 10 years and a large part of the funds will be pumped by the private sector, a senior Omani oil official was quoted on Thursday as saying.
Nassir bin Khamis Al Jashmi, oil ministry undersecretary, said the country had already identified 53 projects worth around $64 billion in the hydrocarbon sector, adding that 15 projects would soon be presented to the private sector.
He told an oil conference in Muscat on Wednesday that massive investment opportunities in the oil sector had been pinpointed by a committee created by the oil ministry and relevant departments in 2012 to evaluate needed ventures."
'via Blog this'
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