Oman’s oil exports top 308mn barrels

Business Saturday 01/February/2025 17:02 PM
By: ONA
Oman’s oil exports top 308mn barrels

Muscat: The total quantity of oil exports from the Sultanate of Oman by the end of December 2024 amounted to about 308.42 million barrels, at an average price $81.2 per barrel.

Statistics issued by the National Centre for Statistics and Information (NCSI) showed that oil exports constituted 84.9 percent of the total oil production, which amounted to 363.28 million barrels.

The data further indicated that total oil exports recorded a 0.6 percent decrease and amounted to 310.33 million barrels by the end of December 2024.

Total crude oil production decreased by 6.5 percent to reach about 278.19 million barrels by the end of December 2024, total oil condensate production reached 85.26 million barrels, while the average daily oil production reached 992,600 barrels until the end of December 2024.

China topped the list of oil importers from the Sultanate of Oman, with total exports amounting to 289.21 million barrels, an increase of 1.3 percent from the end of December 2023, followed by South Korea at 5.76 million barrels, an increase of 10.6 percent, followed by Japan at 5.65 million barrels, a decrease of 39.7 percent. The exports to India amounted to 3.40 million barrels, an increase of 10.6 percent.