Oman’s LNG Production Increases to Peak of 10.6 Million Tons Last Year
06.13.2022 By Ricardo Perez - NEWS

June 11, 2022 [MENAFM] – On Sunday, the Oman News Agency mentioned in a report that Oman’s liquefied natural gas (LNG) output increased 4 percent to a reach a peak of 10.6 million tons last year and is anticipated to amount to 11 million tons annually after the completion of plans to raise production.

 

The report mentioned that the LNG area supplied the sultanate’s administration with income of around USD2.87 billion throughout the last year.

LNG output is anticipated to increase as state-backed Oman LNG earlier showed strategies to grow volume to 11.4 million tons annually this year by decreasing blockages at its liquefaction plant in Qalhat, south of the capital, Muscat.

ONA stated that “During 2021, the Oman LNG Company continued its progress in implementing several strategic projects that are nearing completion to enhance productivity, such as the plant renewal project … and the modern energy project that uses gas engine technology to raise efficiency.”

Pro Trial: Access 10,390 Tank Terminal and Production Facilities

10,390 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More