Energy in Oman

Energy use in Oman was 175 TWh and 61 TWh per million people in 2009. In 2008, primary energy use in Oman grew to 191 TWh and 69 TWh per million people.

Economy

Oman is a country in the Middle East. Its current GDP per capita has expanded continuously over the past 50 years. It grew 339% in the 1960s and reached a peak growth of 1,370% in 1976.. Oman both imports and exports energy.

When Oman declined as an entrepot for arms and slaves in the mid-19th century, much of its former prosperity vanished; the economy turned almost exclusively to agriculture, camel and goat herding, fishing, and traditional handicrafts. Today, petroleum (oil) exports fuel the economy. Revenues from petroleum products have enabled Oman's dramatic development and moderdernisation over the past 30 years.

Overview

Energy in Oman
	Capita	Prim. energy	Production	Export	Ammunition	CO2-emission
	Million	TWh	TWh	TWh	TWh	Mt
2004	2.5310	138	676	549	9.72	25.261
2007	2.60	180	689	484	12.22	35.85
2008	2.79	191	738	497	13.63	34.92
2009	2.85	175	782	593	15.52	38.95
2010	2.78	233	839	617	16.51	40.27
2012	2.85	294	855	576	19.03	63.48
2012R	3.31	306	881	589	21.61	67.63
2013	3.63	283	880	584	23.37	57.92
Change 2004–10	9.9 %	69.1 %	24.2 %	12.4 %	69.9 %	59.4 %
Mtoe = 11.63 TWh, Prim. energy includes energy losses 2012R = CO2 calculation criteria changed, numbers updated

Oil

Oil was first discovered in the interior near Fahud in the western desert in 1964. Petroleum Development Oman (PDO) began production in August 1967. The Omani Government owns 60% of PDO, and foreign interests own 40% (Royal Dutch Shell owns 34%; the remaining 6% is owned by Compagnie Francaise des Petroles[Total] and Partex). In 1976, Oman's oil production rose to 366,000 barrels (58,000 m³) per day but declined gradually to about 285,000 barrels (45,000 m³) per day in late 1980 due to the depletion of recoverable reserves. From 1981 to 1986, Oman compensated for declining oil prices by increasing production levels to 600,000 b/d. However, with the collapse of oil prices in 1986 revenues dropped dramatically. Production was cut back temporarily in coordination with the Organization of Petroleum Exporting Countries (OPEC) and production levels again reached 600,000 b/d by mid-1987, which helped increase revenues. Oman's economic performance improved significantly in 1999 due largely to the mid-year upturn in oil prices. The government moved ahead with privatization of its utilities, the development of a body of commercial law to facilitate foreign investment, and increased budgetary outlays. Oman liberalized its markets in an effort to accede to the World Trade Organization (WTO) and gained membership in 2000. By mid-2000 production had climbed to more than 900,000 b/d where they remain. Oman is not a member of OPEC.

Yibal is the largest oilfield in Oman and is operated primarily by Royal Dutch Shell.

With production starting in 1968 its maximum production peak has been 250,000 barrels a day. As of 2005, production declined to 88,000 barrels a day.

In November 2017, Oman Oilfield received steam generated from 1,021 MW Solar Plant.

Gas

Oman LNG is an LNG plant in operation since September 2000. It is supplied with gas in central Oman from Saih Rowl, the gas field is operated by Petroleum Development Oman (PDO).

See also

• Dolphin Gas Project