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FINANCIAL NEWS
Demand from Omani natural gas power projects to grow by 3pct
01 Jun 2017
(MENAFN) The average annual growth in demand for natural gas power generation will increase at 3 percent for the coming seven years amid the Main Interconnected System areas in Oman.
However, whole natural gas consumption at the main power plants last year fell 4 percent to almost 7.01bn standard cubic meters, which is equivalent to 19.4mn standard cubic meters.
Accordingly, the reduction of 4 percent increase in natural gas needs contrasts with the 4 percent increase in elect generation over the same period.
Meanwhile, this improvement comes from transmission grid upgrades that enabled better access to the most efficient generation plants.
MENAFN0106201700450000ID1095526479
MENAFN0106201700450000ID1095526479
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