The total domestic production and import of natural gas in the Sultanate of Oman amounted to 53.925 billion cubic meters until the end of December 2023, an increase of 3.6 percent compared to the same period in 2022, which amounted to 52.61 billion cubic meters.
Statistics issued by the National Center for Statistics and Information showed that industrial projects accounted for 58.7 percent of natural gas uses in Oman until the end of December 2023, where uses for industrial projects amounted to 31,638,600,000 cubic meters.
The total use of natural gas for oil fields reached 13.25 billion cubic meters, power generation stations 8.77 billion cubic meters, and industrial areas 259,700,00 million cubic meters.
The non-associated natural gas production – including imports – amounted to 42.94 billion cubic meters, while the associated production amounted to 10.983 billion cubic meters.
In a disclosure on the Muscat Stock Exchange, Galfar Engineering & Contracting informed its shareholders of the ‘Project Delivery Contract Qarn Alam’ awarded by PDO via a Letter of Award (LoA).
“The value of this call-off contract is approximately OMR 100 million for an execution period of 5 Years, effective from 30/01/ 2024. We expect this contract to have a positive impact,” stated the Galfar disclosure.
