Oman’s oil exports hit 178.9 million barrels by end of July

Muscat: The total quantities of Oman’s crude oil exported as of the end of July 2023 stood at 178,956,300 barrels. The average oil price is calculated at $80.5 per barrel. Oil production hit 223,544,500 barrels.

Data released by the National Centre for Statistics and Information (NCSI) showed that the total crude oil production dropped by 1.5 percent to reach 174,642,500 barrels. The total condensate production rose by 6.6 percent to reach 48,902,100 barrels.

The average daily oil production hit 1,054,500 barrels as of the end of July 2023.
China topped the list of countries importing Oman’s crude oil with 163,167,900 barrels, followed by Japan with 5,845,400 barrels, India with 2,716,200 barrels, followed by Korea with 1,951,600. Crude oil exports to other countries stood at 5,275,100 barrels.

The total local production and imports of natural gas stood at 30,914.5 million cubic metres at the end of July 2023, constituting a rise of 1.4 percent against the 30,485.4 million cubic metres reported during the corresponding period in 2022. Natural gas usage by industrial projects stood at 18.102,1 million cubic metres.

Oilfields used 7,865.4 million cubic metres of natural gas whereas power generation plants used 4,794.6 million cubic metres of natural. Industrial estates used 152.5 million cubic metres of natural gas.

Production of non-associated natural gas including imports stood at 24,713.3 million cubic metres whereas production of associated gas stood at 6,201.2 million cubic metres.