[Oman-L] Oman oil output rises 6.1% Jan-Feb 2009

[Joachim Duester]

Oman oil output rises 6.1% Jan-Feb 2009   
Source: Kuwait Times, 3 May 2009

Oman's oil output in the first two months of 2009 rose by 6.1 percent on the year to 780,000 barrels per day (bpd), government data published yesterday showed.

Oman sold its oil at an average price of $ 45.25 a barrel from January to February 2009, down 48 percent on the price in the equivalent period the year earlier, the ministry of economy said in a bulletin.

Oman is targeting output of 800,000 bpd in 2009. Output from the country's ageing oilfields has been sliding for most of this decade. The Gulf Arab state's natural gas output fell by 0.9 percent on the year to 170.867 billion cubic feet for the first two months of 2009.