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Increase in Oman’s Natural Gas Production and Imports by 6.3%
Economy

Increase in Oman’s Natural Gas Production and Imports by 6.3%

منبع تصویر: timesofoman.com

By Khalij News Agency Editorial 2 min Read time 0

Natural gas production and imports in the Sultanate of Oman reached 45.31 billion cubic meters by the end of September 2023, indicating a 6.3% increase compared to 42.62 billion cubic meters during the same period last year. This data was published by the National Center for Statistics and Information of Oman.

Increase in Gas Consumption in Power Plants and Industrial Projects

According to this data, gas consumption in power generation plants increased by 13.5% to 13.36 billion cubic meters. Additionally, gas consumption in industrial projects has also risen by 4.8% to 21.88 billion cubic meters. These increases indicate significant growth in energy demand in the country.

Change in Gas Consumption in Oil Fields and Industrial Areas

Meanwhile, gas consumption in oil fields also experienced a 1.8% increase, reaching 9.93 billion cubic meters. However, in a negative aspect, gas consumption in industrial areas decreased by 32.7% to 141.2 million cubic meters, compared to 210 million cubic meters during the same period last year, indicating a significant change. This decrease may be due to changes in production processes or a reduction in industrial activities.

Overall, these statistics indicate a positive trend in the increase of natural gas production and imports in Oman, which could contribute to the country's economic growth and energy supply. However, the decline in consumption in certain areas should also be carefully assessed to prevent negative impacts on the industry and economy.

Source: timesofoman.com