[Oman-L] Oil production rises in Oman

Sue Hutton sue at suehutton.co.uk
Mon Aug 3 12:59:18 UTC 2009


Compare that with reports in Meed and ameinfo that Oman's oil export 
revenues dropped 47% in the same period.


  Oman oil export revenue drops 47%

Oman: *6 hours, 20 minutes ago*


    Oman's oil export revenues for the first five months of the year
    fell more than 47% compared to 2008, despite a 7% rise in output,
    according to estimates by MEED. Official data of the Sultanate's
    Ministry of National Economy show that the country had exported
    119.25 million barrels of crude oil and condensate during the first
    five months of 2009, at an average price of $44.84 a barrel. The
    country's oil and condensate exports rose 6.97 million barrels from
    2008, but oil prices declined sharply from the $90.03 a barrel
    average seen in 2008.

http://www.ameinfo.com/205438.html

Sue Hutton


Joachim Duester wrote:
> Oil production rises in Oman
> Source: Oman Daily Observer, 1 August 2009
>
> The Sultanate's total exports of crude oil stood at 97.76 million
> barrels during the first five months of 2009, against 90.72 million
> barrels during the same period of 2008, constituting a 7.8 per cent
> rise. 
>
> The monthly statistical bulletin published by the National Economy
> Ministry showed that the Sultanate’s total production of crude oil and
> condensates stood at 119.25 million barrels by the end of May 2009,
> against 112.28 million barrels during the same period of 2008,
> constituting a 6.2 per cent, rise.
>
> The average daily production stood at 789,800 barrels by the end of May
> 2009 against 738,700 barrels during the same period of 2008,
> constituting a 6.9 per cent rise. The bulletin showed that the average
> price of Oman oil barrel fell by 50.2 per cent during the first five
> months of 2009 to $ 44.84 per barrel, against $ 90.03 per barrel during
> the same period of 2008. China topped the countries importing Omani Oil
> as it imported 31.50 million barrels during the first five months of
> 2009, against 45.56 million barrels during the same period of 2008,
> constituting a 30.9 per cent decline.
>
> Thailand came second, as it imported 14.24 million barrels by the end
> of May 2009, against 11.90 million barrels constituting a 19.6 per cent
> rise. Korea came third as it imported 11.10 million barrels, against
> 6.57 million barrels during the same period of 2008, constituting a
> 68.8 per cent rise. The Sultanate’s production of natural gas rose by
> 0.8 per cent to 443.465 million Cubic Feet (MCF) during the first five
> months of 2009, against 439.811 (MCF) during the same period of 2008.
> Gas consumption rose by 0.8 per cent to 442.487 MCF by the end of May
> 2009 against 438.812 MCF during the same period of 2008. 
>
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