Oman Oil & Gas Report Q1 2015: New Research Report Available at Fast Market Research
Unless significant discoveries are made in the short term, 2015 will start the gradual but inexorable decline of Oman's oil reserves. The country's crude oil production levels will reach their peak in 2017, with total hydrocarbon production reaching their zenith in 2020. Incremental increases in Omani domestic consumption will be aggravated by the decreasing returns from the enhanced recovery efforts that Muscat has pursued in the last few years. BMI feels that Oman's oil industry will still provide new lucrative...
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