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FINANCIAL NEWS
Oman’s crude falls 0.41% in September
10 Oct 2012
(MENAFN) An official report showed that Oman’s crude oil and condensates output dropped by 0.41 percent to 918,183 barrels per day (bpd) in September on a monthly basis, Oman News Agency (ONA) reported.
ONA cited a report by the Ministry of Oil and Gas that total oil exports stood at 749,691 bpd last month.
China remained the top importer of the Sultanate’s oil, accounting for 59.3 percent of the total exports in September, compared to a year ago, followed by Taiwan, which accounted for 13.3 percent.
Oman is seeking to boost investments in new oil wells as its exiting ones are drying up.
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